Technical analysis ETHUSDT for 30.06.2023

30.06.2023 17:40
Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span crosses from top to bottom the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1885.00. The closest support is the level 1816.50

Key levels

  • 1955.00, 1918.00, 1885.00, 1816.50, 1770.00, 1726.00

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1885.00, with Take Profit of 1918.00 and Stop Loss of 1850.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1816.50, with Take Profit of 1770.00 and Stop Loss of 1850.00

Scenario
Recommendation
BUY STOP

Entry Point
1885.00

Take Profit
1918.00

Stop Loss
1850.00

Key Levels
1955.00, 1918.00, 1885.00, 1816.50, 1770.00, 1726.00
Alternative scenario
Recommendation
SELL STOP

Entry Point
1816.50

Take Profit
1770.00

Stop Loss
1850.00