- William’s %R has jumped and is trending near the overbought zone. This shows that bearish correction could be expected.
- The price re-entered the $200-zone this Friday.
ETH/USD daily chart
The bulls retained control of the market as ETH/USD went up from $207.30 to $207.50 this Saturday. The bulls remained in power from this Friday, wherein the price spiked from $198.55 to $207.20, crossing above the $200 key psychological level and the SMA 20, in the process.
William’s %R has jumped and is trending near the overbought zone. This shows that bearish correction could be expected. The bulls must overcome strong resistance levels at $215 and $223.60. The former has previously thwarted the market and prevented bullish momentum in multiple instances, as per the chart above. On the downside, healthy support levels lie at SMA 20, $199.20, SMA 50, $186.15 and SMA 200
Key levels
ETH/USD
OVERVIEW | |
---|---|
Today last price | 207.33 |
Today Daily Change | 0.00 |
Today Daily Change % | 0.00 |
Today daily open | 207.33 |
TRENDS | |
---|---|
Daily SMA20 | 203.49 |
Daily SMA50 | 187.3 |
Daily SMA100 | 189.75 |
Daily SMA200 | 175.76 |
LEVELS | |
---|---|
Previous Daily High | 209.29 |
Previous Daily Low | 196.23 |
Previous Weekly High | 216.98 |
Previous Weekly Low | 191.49 |
Previous Monthly High | 227.37 |
Previous Monthly Low | 128.95 |
Daily Fibonacci 38.2% | 204.3 |
Daily Fibonacci 61.8% | 201.22 |
Daily Pivot Point S1 | 199.28 |
Daily Pivot Point S2 | 191.22 |
Daily Pivot Point S3 | 186.22 |
Daily Pivot Point R1 | 212.33 |
Daily Pivot Point R2 | 217.34 |
Daily Pivot Point R3 | 225.39 |