ETH/USD slightly recovered losses on Tuesday and is currently trading at 10.75 levels at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen: 10.71
Kijun-Sen: 15.39
Trend reversal - 11.75.
The pair faces major resistance at 10.78 (7 day EMA) and any break above confirms major bullishness, a jump till 11.75 (90 day EMA)/12.25 (21 day MA). On the flipside, support is seen at 10 and break below will drag the pair to 9.30 (Jul 5 2016 low)/ 8.45 (127.2% retracement of 10.10 and 16.08).
