Technical analysis ETHUSDT for 07.09.2023
07.09.2023 17:27
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 1717.00. The closest support is the level 1591.00
Key levels
- 1816.80, 1717.00, 1591.00, 1496.60, 1404.20
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1717.00, with Take Profit of 1816.80 and Stop Loss of 1654.80
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1591.00, with Take Profit of 1496.60 and Stop Loss of 1654.80
Scenario
Recommendation
BUY STOP
Entry Point
1717.00
Take Profit
1816.80
Stop Loss
1654.80
Key Levels
1816.80, 1717.00, 1591.00, 1496.60, 1404.20
Alternative scenario
Recommendation
SELL STOP
Entry Point
1591.00
Take Profit
1496.60
Stop Loss
1654.80