ETH/EUR is seen soaring high continually and is seen hitting a fresh all-time high on Friday. The pair has broken the high at 19.08 and hits fresh all-time high at the time of writing. Short term trend is extremely bullish as long as support 14.08 (daily Kijun-Sen) holds (KRAKEN). It is currently trading around 19.50 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 15.08

Kijun-Sen level: 14.08

Minor trend reversal level- 19.08 (Jun 17th, 2016 high)

Major Trend reversal level - (89 day EMA) – 10.71

Long-term trend remains to be bullish. ETH/EUR is trading well above all time high of 19.08 and a jump till 21.10 likely.

The major resistance is around 19.81 (161.8% retracement of 14.38 and 5.58) and any break above targets 21.10 (113% retracement of 19.08 and 5.58). Short term support is seen at 15.49 (5 day MA) and any break below will drag the pair till 14.08 (daily Kijun-Sen)/13.89. (10- day MA)/13.14 (21- day EMA).