Technical analysis ETHUSDT for 27.07.2023

27.07.2023 17:15
Intraday
Technical

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 1733.10. The closest support is the level 1569.00

Key levels

  • 1817.80, 1733.10, 1569.00, 1478.70, 1392.60

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1733.10, with Take Profit of 1817.80 and Stop Loss of 1654.80

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1569.00, with Take Profit of 1478.70 and Stop Loss of 1654.80

Scenario
Recommendation
BUY STOP

Entry Point
1733.10

Take Profit
1817.80

Stop Loss
1654.80

Key Levels
1817.80, 1733.10, 1569.00, 1478.70, 1392.60
Alternative scenario
Recommendation
SELL STOP

Entry Point
1569.00

Take Profit
1478.70

Stop Loss
1654.80