ETH/EUR continued its upward move and has reached an all-time high at 14.52 at the time of writing and jump till 15.95 is possible. It currently trades at 14.75 levels (KRAKEN) at the time of writing.
Ichimoku analysis of the daily chart shows:
Tenkan-Sen level: $12.88
Kijun-Sen level: $11.60
Trend reversal level - (90 day EMA)-$9.57
Long term trend is still bullish. The pair has broken major resistance at $13.60 (Mar 13th 2016 high) and jumped till $14.97 at the time of writing .It is currently trading at $14.75. Major resistance is seen at $15 (round figure) and any break above that level will take the pair till 15.95 (1.618% retracement of $13.39 and $9.25)/$16.64. Short term support is seen at $12.87 (7day EMA) and any violation below will drag the pair till $12 (21 day MA/$11.60). The minor support is at $13.60 (resistance turned into support).


Bitcoin Buckles at $73,500: Middle East Tensions and Weak Institutional Demand Set Bearish EMA Stack on $70K Collision Course
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro- Major Crypto levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary
Ethereum Cracks Below $2,000 as Bitcoin Contagion Bites—Bearish EMA Stack Sets Sights on $1,700
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K




