Chart the Market (14/09/2026)
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Chart the Market (14/09/2026)

Published: 14 September 2026,03:04

Published: 14 September 2026,03:04

Chart The Market

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ETH,  H4:                                                               

ETH has been trading sideways for the past three weeks, with the cryptocurrency recently attempting to break above the upper boundary of its range-bound structure. However, the breakout attempt was followed by a hammer candlestick pattern, suggesting that strong selling pressure emerged at higher levels and prevented ETH from sustaining the move above the range.

Meanwhile, the MACD has formed a death cross after previously attempting to rebound above the zero line, providing another bearish signal and suggesting that bullish momentum is gradually fading. This development further increases the risk of ETH experiencing a technical correction within its current range.

Should ETH fail to hold above the mid-level of the current range-bound structure, this could provide an early signal of a bearish tilt and suggest that selling pressure is beginning to regain control. A sustained break below this area could potentially see ETH move toward the lower boundary of the range.

Resistance Levels:2570.00, 2720.00

Support Levels: 2392.30, 2184.10

USDJPY, H4

The USD/JPY pair has found support above its immediate support level at 153.00, where the latest price action has formed a double-bottom pattern. This formation suggests that selling pressure around the 153.00 area may be easing and provides an early signal of a potential bullish trend reversal for the pair.

Should USD/JPY stage a technical rebound from the current support level, renewed buying momentum could see the pair extend its recovery and challenge the next key liquidity zone near 156.00. A sustained move toward this area would further strengthen the short-term bullish outlook and suggest that the double-bottom formation is gaining traction.

However, failure to hold above 153.00 would weaken the bullish setup and could expose the pair to renewed selling pressure. Therefore, the 153.00 support remains the key level to watch for confirmation of the potential trend reversal.

Resistance Levels: 155.60, 158.05

Support Levels: 153.00, 150.00

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