FxWirePro: BTC/EUR faces strong resistance around 21- day EMA, break above targets 1088
BTC/EUR pair has recovered slightly after declining till 932 on Mar 29th, 2017 (COINBASE). It is currently trading around 990.12 at the time of writing. Ichimoku analysis of daily chart shows: Tenkan-Sen level: 928 Kijun…
By Sujha Sundararanjan
Updated 1 min read
Image from the original EconoTimes article
BTC/EUR pair has recovered slightly after declining till 932 on Mar 29th, 2017 (COINBASE). It is currently trading around 990.12 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: 928
Kijun-Sen level: 1088
Major reversal level -796 (200- day MA)
Long-term trend remains to be bullish. BTC/EUR faces strong resistance around 21- day EMA, any break above targets 1088.
Major resistance is around 996 (55- day EMA) and any break above will take the pair to next level till 1038 (Mar 21st, 2017 high)/1088 (daily Kijun-sen). Short term support is seen at 932 (daily Tenken-Sen) and any break below will drag the pair till 886 (61.8% retracement of 987 and 826)/796 (200- day MA).
Consumer applications made up about 80% of Solana’s total. Hyperliquid recorded $86.5 million, ahead of Ethereum at $53.8 million and Robinhood Chain at $34.6 million.
