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Crypto Trend Analysis Report

Prepared for you on Tuesday, July 16, 2024.

Ethereum (CRYPTO:ETHUSD)

Bull Market Weakness (+75) - ETHUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ETHUSD as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ETHUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ETHUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CRYPTO_ETHUSD
Open High Low ETHUSD Price Change
3471.645 3478.725 3478.725 3450.720 -20.925
Entry Signal

MarketClub’s Trade Triangles for ETHUSD

long term up The long-term trend has been UP since Nov 5th, 2023 at 1877.690

intermediate term down The intermediate-term trend has been DOWN since Jun 22nd, 2024 at 3524.995

short term up The short-term trend has been UP since Jul 8th, 2024 at 3080.255

Smart Scan Analysis for ETHUSD

Based on our trend formula, ETHUSD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ETHUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3471.645 3478.725 3478.725 3450.720 -20.925
Prev. Close Volume Bid Ask Time
3471.645 2024-07-16 11:30:32
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