FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
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ETH/EUR is seen facing a strong support on Friday. The pair has retreated after making a high of 10.36 levels (KRAKEN). It is currently trading at 9.79 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: 9.32
Kijun-Sen level: 10.13
Trend reversal level - (90 days EMA) – 10.62
Long term trend seems to be bearish. In a daily chart, ETH/EUR is facing strong resistance at 21 days EMA and any close above confirms a minor reversal.
Major resistance is seen at 10.58 (21 days EMA) and any break above that level will take the pair till 11.07 (50 day MA)/ 12.12.Short-term support can be noticed at 8.77 (200 day MA) and any violation below will drag the pair till 6.52 (3rd Aug low)/5.30 (161.8% retracement of 8.55 and 13.74).
