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TECH Sell 16.04.2024 12:23

ETH/USD: technical analysis

The ETH/USD pair has been declining for the sixth week in a row, adjusting to a long-term uptrend and holding in the area of 3089.07: over the weekend, amid the escalation of the situation in the Middle East, the price reached three-month lows, falling to the level of 2812.50 (50.0% Fibonacci retracement, Murrey level [1/8]), consolidation below which will lead to a decrease to the targets of 2500.00 (61.8% Fibonacci retracement, Murrey level [0/8]), 2187.50 (Murrey level [-1/8]), 1875.00 (Murrey level [-2/8]).

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Indicators

MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Buy
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Sell
MA10
MA20
MA50
MA100
MACD
BBands
Ichimoku
Stochastic
William`s
ZigZag
Overall recommendation Wait

Market sentiment

72.88% sell
27.12% buy