ETH/EUR upside capped by 61.8% retracement, further bullishness only above the level
ETH/EUR is seen trading below in red on Thursday. The pair has broken minor resistance 11.40 and jumped till 12.07 levels (KRAKEN) yesterday. It is currently trading at 11.26 at the time of writing. Ichimoku analysis of …
ETH/EUR is seen trading below in red on Thursday. The pair has broken minor resistance 11.40 and jumped till 12.07 levels (KRAKEN) yesterday. It is currently trading at 11.26 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: 10.73
Kijun-Sen level: 10.90
Trend reversal level - (90 4H MA) – 10.48
Long-term trend remains to be bullish. The short-term trend seems to be bearish. The ETH/EUR is facing strong resistance at 12.17 (61.8% retracement of 14.38 and 8.55). Any further bullishness can be seen only above that level.
Major resistance is seen at 12.17 and any break above that level will take the pair till 13.15 (78.6% retracement of 14.38 and 8.55). Short-term support can be observed at 10.90 (55 days EMA) and any violation below will drag the pair till 10.24 (21 days MA)/10.
Coinglass measured Ether options open interest at $5.81 billion, up 0.1% from the previous day, with calls representing most of both open interest and trading volume.
Customers can select a crypto asset and wallet; AEON says it handles conversion and starts a local transfer. The company has not named merchants using the Chile feature.
