ETH / USD scort belangrijke Julie winsten: technical analysis by Sally Ho August 1, 2021 ETH

Ethereum (ETH / USD) boosted recent gains above the psychologically important 2000 figure at the start of the Asian session, which culminated in pairs trading just below the 2500 level at the end of last month, as traders continued to benefit from improvements in technical sentiment.  Traders observed strong technical demand at just under 2163, about 38.2% of the last December increase range from 1718.41 to 2437.99.  ETH / USD recorded a 7.3% gain in July, boosting profits by more than 232% year-on-year. 

October-October-October-October-October-October 2631.60, 2657.89, 2725.47, 2742.76, 2913.68, 3042.22, and level 3056.22.  After rising to multi-week highs, price correction levels are down and in the regions of 2333.53, 2303.32, 2191,54, 2041.42 and 2000.49.  Traders note that the 50-bar average (4 hours) is rising above the 100-bar average (4 hours) and above the 200-bar average (4 hours).  In October, 50 bars average (per hour) rises above 100 bars average (per hour) and 200 bars average (per hour).

The nearest 50 bar average (4 hours) mark is 2268.66 and the 50 bar average (hours) mark is 2394.04.

Technical support expected in the region 1700/ 1633.51/ 1456.03 you’d expect that to happen with the stops below.

Technical resistance expected to be close 3122.22/ 3420.10/ 3788.66 with stops expected above.

On the 4-hour chart, SlowK declines below slow, while the MACD rises above the Macda average.

On the 60-minute chart, SlowK is below the slow one, while MACD is below the Macda average.

                                                                                                                                                                     

DISCLAIMER: This trade analysis is provided by a third party and is for informational purposes only. It does not reflect Crypto Daily’s opinion and is not intended to be used as legal, tax, investment or financial advice.

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