Technical analysis ETHUSD for 13.06.2022

13.06.2022 18:18
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 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