Technical analysis ETHUSDT for 05.07.2023
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