FxWirePro: ETH/EUR trades higher, major bullishness above 49.50
ETH/EUR pair formed a temporary top around 49.48 on Mar 29th 2017 high and is consolidating almost a month from that level (KRAKEN). It is currently trading around 47.69 at press time. Ichimoku analysis of daily chart in…
ETH/EUR pair formed a temporary top around 49.48 on Mar 29th 2017 high and is consolidating almost a month from that level (KRAKEN). It is currently trading around 47.69 at press time.
Long-term trend remains to be bullish. ETH/EUR faces major resistance at 49.50 and any break above targets 56.30.
The major resistance is around 49.48 (Mar 29th 2017 high) and any break above targets 56.32 (161.8%T retracement of 49.48 and 38.40). Short term support is seen at 44 (21- day EMA) and any break below will drag the pair till 41.37 (23.6% retracement of 49.48 and 38.40)/ 38.40 (Apr 4th low)/35 (Mar 22nd low).
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.
