LTC/EUR has recovered slightly on Wednesday after its plunge. The pair has formed almost a double bottom near 3.90 and slightly recovered from that level (BTCE). It is currently trading around 4.25 at the time of writing.
Short- term trend- bearish
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: 4.58
Kijun-Sen level: 4.41
Trend reversal level - (90 day MA)- 3.72
Long-term trend remains to be bullish. ETH/EUR faces strong support at 3.90(Jun 7th low) any further weakness only below this level. So light jump till 4.95 is possible.
Major resistance is at 4.42 (21 days EMA) and a break above targets 4.72 (7 days EMA)/4.95 (61.8% retracement of 5.20 and 4.55) /5.20. Short term support is seen at 3.90 and any violation below will drag the pair till 3.70 (90 day EMA)/3.25 (200 days MA).


Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K
Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K
Ethereum Refuses to Stay Below $3,000 – $3,600 Next?
FxWirePro- Major Crypto levels and bias summary
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature
Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
Bitcoin Smashes $93K as Institutions Pile In – $100K Next?
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600




