The Ethereum has the upside key but can not find the lock

• The ETH / USD loses the $ 100 and opens the door to further new lows.
• The BTC / USD is resisting and struggling to regain the support it has lost.
• ETH / BTC also sets new annual lows and delays the upside scenario.

In the last hours of the European session yesterday, the main players on the Crypto board did not manage to reach their respective levels of support. The ETH / USD sets new annual lows leaving the tick at the price level of $ 95.17.

This new annual minimum reached yesterday. ETH / BTC also lost support and this year Ethereum scored its lowest moment against Bitcoin.

As I have published several times, the result of Ethereum better than Bitcoin is a model that has always equaled a bull market. After the new low reached yesterday, the MACD in the daily range is reduced and the DMI shows very active Ethereum sellers.

The positive thing is that the D- (a component of the DMI that indicates the tendency of the Bears) goes directly to the ADX (a component of the DMI that represents the price trend force) coming from the bottom. If when the impact of D- with the ADX, bounces down, we may have a change in trend.

Add the two previous paragraphs and you'll see how satisfying it can be to look at the ETH / BTC chart.

Do you want to know more about my technical configuration?

BTC / USD 240 minutes.

The 240 Minute BTC / USD recovers at the European opening at $ 3,820 price level but fails to regain the $ 3.930 support level.

Below the current price, the first support is at the annual lows of $ 3,466. If the BTC / USD reaches and stops this price level, the second support is a $ 3.262 (support for price congestion). From this level of support, the BTC / USD may try to look for lower levels and drill the $ 3,000 to go to the third level of support a $ 2,890 (support for price congestion).

Above the current price, the first resistance is a $ 3.930 (resistance to price congestion). From this level of resistance to the next level $ 4,400 they are the EMA50 a $ 3.973 and SMA100 a $ 4.082. This area is, therefore, the main level to be conquered in order to consolidate any short-term uptrend.

The 240-minute MACD shows a bullish profile, but with a significant downward slope. This structure supports a bearish scenario in the terminal phase.

The 240-minute DMI shows us the Bulls that react to the discounts offered yesterday. The Bears are not sure of the movement and seem to withdraw from the battlefield.

XRP / USD 240 minutes.

The XRP / USD is now trading at $ 0.3429 Price level. Yesterday's decline caused the level of support to lose $ 0.345. Today he lost his first recovery attempt.

Under the current price, the first level of support for XRP / USD is $ 0.32 (support for price congestion). The second level of support is $ 0.297 (support for price congestion). Third level support a $ 0.27 (support for price congestion).

Above the current price, the first resistance is a $ 0.345 (resistance to price congestion). If the XRP / USD returns this price level back, the EMA50 would be in the lead $ 0.3619 as a previous obstacle to the second level of resistance a $ 0.368. Likewise, to continue to climb should beat SMA100 of $ 0.383 before pointing to the third level of resistance of $ 0.413 (resistance to price congestion).

The 240-minute MACD shows an ultra-flat profile that does not report any information.

The 240-minute DMI shows us in the XRP / USD case how the Bulls did not take advantage of yesterday's reasonable prices. I'm not convinced at all to buy at the moment. The Bears, for their part, remain at moderate levels of activity, without increasing their intensity.

ETH / USD 240 minutes.

ETH / USD is now trading at $ 102.65 Price level. He lost his psychological level of $ 100 during the Asian session and left the annual minimum a $ 95.17. This price level is one of the supports I have reported in recent weeks.

Under the current price, the first level of support is at that new level of annual lows and at the same time the support created by price congestion. For now, this price level has stopped the fall. The next level of support is a $ 81.5 (support for price congestion). The third level of support is a $ 70 (support for price congestion).

Above the current price, the first resistance is a $ 125 but to achieve it, ETH / USD will have to exceed EMA50 a $ 112.53 and SMA100 a $ 117.93. The next resistance level is a $ 155 (resistance to price congestion) and already very close to SMA200 a $ 158.64.

The MACD shows a profile that is close to the bullish cross but with a significant downward slope.

The 240-minute DMI shows us how the Bulls continue with the withdrawal started two days ago. On the other hand, the Bears are very reliable and increase the intensity level up to a maximum of two weeks.

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