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Crypto Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
Ethereum (CRYPTO:ETHUSD)
Strong Downtrend (-100) - ETHUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ETHUSD continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ETHUSD
The long-term trend has been DOWN since Jan 7th, 2022 at 3311.20
The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 3050.08
The short-term trend has been DOWN since May 18th, 2022 at 2074.25
Smart Scan Analysis for ETHUSD
Based on our trend formula, ETHUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2022.12 | 2059.44 | 2059.44 | 1953.51 | -68.61 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2022.12 | 2022-05-20 23:04:47 |