Technical analysis ETHUSD for 18.04.2022
18.04.2022 18:10
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. 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 support is the level 2910. The closest resistance is the level 2970
Key levels
- 3185, 3055, 2970, 2910, 2760, 2635
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 2910, with Take Profit of 2760 and Stop Loss of 2970
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 2970, with Take Profit of 3055 and Stop Loss of 2910
Scenario
Recommendation
SELL STOP
Entry Point
2910
Take Profit
2760
Stop Loss
2970
Key Levels
3185, 3055, 2970, 2910, 2760, 2635
Alternative scenario
Recommendation
BUY STOP
Entry Point
2970
Take Profit
3055
Stop Loss
2910