ETH/EUR is seen trading slightly below on Tuesday. The pair has jumped till 10.47 yesterday and started to decline from that level (KRAKEN). It is currently trading at 9.83 at the time of writing.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 9.28

Kijun-Sen level: 8.83

Minor trend reversal level- 11.12 (76.4% retracement of 12.84 and 5.58)

Major Trend reversal level - (30 day EMA) – 8.32

Long-term trend remains to be neutral. ETH/EUR struggles to close above 200- day MA and any close confirms minor bullishness, a jump till 10.95 is possible. 

The major resistance is around 9.95 (200- day MA) and any break above that level will take the pair till 10.48 (76.4% retracement of 10.95 and 8.82)/10.95 (Jan 5th high)/11.12 (76.4% retracement of 12.84 and 5.58). Short-term support is seen at 9.28 (daily Tenken-Sen) and any break below will drag the pair till 8.83 (daily Kijun-Sen)/8.48 (60 days EMA)/8.30 (30- day EMA).