# Crypto Technicals: ETH/USD holds cloud support, poised for test of 195 mark

By Shampa Mani

Canonical URL: https://www.tokenpost.com/news/investing/1825
Published: 2019-05-10T07:30:52.000Z
Updated: 2019-05-10T07:30:52.000Z
Section: Investing

> ETH/USD chart - Trading View Exchange - Coinbase Support: 170.31 (5-DMA); Resistance: 180 (Trendline) Technical Analysis: Bias Bullish - ETH/USD extends gains, poised for test of 195 mark - The pair has found strong s…

[ETH/USD](<https://www.tradingview.com/symbols/ETHUSD/>) chart - Trading View

Exchange - Coinbase

Support: 170.31 (5-DMA); Resistance: 180 (Trendline)

Technical Analysis: Bias Bullish

- ETH/USD extends gains, poised for test of 195 mark

- The pair has found strong support at daily cloud and weakness only on break below

- Momentum bullish, Stochs and RSI are sharply higher, MACD is showing a bullish crossover on signal line

- GMMA indicators show both near and long term averages are in concurrence and biased higher

- Pair could find some resistance at Upper Bollinger Band at the 177 mark. Break above 180 (trendline) sees little resistance till 195

- 5-DMA is immediate support at 170.31. Break below could see dip till 50-DMA at 159.57. Bullish invalidation below cloud (155)

For details on FxWirePro's Currency Strength Index, visit [http://www.fxwirepro.com/currencyindex](<http://www.fxwirepro.com/currencyindex>).

## Links in this article

- [ETH/USD](https://www.tradingview.com/symbols/ETHUSD/)
- [http://www.fxwirepro.com/currencyindex](http://www.fxwirepro.com/currencyindex)
