Technical analysis ETHUSDT for 17.08.2023

17.08.2023 17:08
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 1732.90. The closest support is the level 1588.00

Key levels

  • 1817.80, 1732.90, 1588.00, 1502.10, 1416.80

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 1732.90, with Take Profit of 1817.80 and Stop Loss of 1665.80

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 1588.00, with Take Profit of 1502.10 and Stop Loss of 1668.80

Guión
Recomendación
BUY STOP

Punto de entrada
1732.90

Take Profit
1817.80

Stop Loss
1665.80

Niveles clave
1817.80, 1732.90, 1588.00, 1502.10, 1416.80
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
1588.00

Take Profit
1502.10

Stop Loss
1668.80