Technical analysis ETHUSD for 14.04.2022
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 resistance is the level 3086.70. The closest support is the level 2998.80
Key levels
- 3261.45, 3174.50, 3086.70, 2998.80, 2899.95, 2790.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 3086.70, with Take Profit of 3174.50 and Stop Loss of 3050.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 2998.80, with Take Profit of 2899.95 and Stop Loss of 3050.00