Technical analysis ETHUSD for 13.06.2022
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
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 descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level . The closest support is the level
Key levels
- 1425.00, 1320.00, 1250.00, 1175.00, 1120.00, 1025.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1250.00, with Take Profit of 1320.00 and Stop Loss of 1215.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1175.00, with Take Profit of 1120.00 and Stop Loss of 1215.00
Scenario
Recommendation
BUY STOP
Entry Point
1250.00
Take Profit
1320.00
Stop Loss
1215.00
Key Levels
1425.00, 1320.00, 1250.00, 1175.00, 1120.00, 1025.00
Alternative scenario
Recommendation
SELL STOP
Entry Point
1175.00
Take Profit
1120.00
Stop Loss
1215.00
Author
Nikolai Krishtopov
Market Analyst & Marketing Manager, Investizo
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.