Technical analysis ETHUSDT for 05.07.2023

05.07.2023 01:15
Intradía
Técnico

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 1754.90. The closest support is the level 1568.00

Key levels

  • 1833.60, 1754.90, 1568.00, 1479.80, 1395.60

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1754.90, with Take Profit of 1833.60 and Stop Loss of 1667.80

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1568.00, with Take Profit of 1479.80 and Stop Loss of 1667.80

Guión
Recomendación
BUY STOP

Punto de entrada
1754.90

Take Profit
1833.60

Stop Loss
1667.80

Niveles clave
1833.60, 1754.90, 1568.00, 1479.80, 1395.60
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1568.00

Take Profit
1479.80

Stop Loss
1667.80