ETH/EUR is seen trading low on Tuesday. The pair has formed a short term bottom around 7.60 and slightly recovering from that level (KRAKEN). It is currently trading around 7.910 at the time of writing.
Ichimoku analysis of daily chart shows:
Tenkan-Sen level: 6.96
Kijun-Sen level: 7.61
Trend reversal level - (100 day MA) – 10.08
Long-term trend remains to be bearish. ETH/EUR downside is capped by 10- day MA and any break below will drag the pair till 6.96/6.62 is possible.
The major resistance is around 8.42 (34- day EMA) any break above targets 8.92 (55- day EMA)/9.25. Short-term support is seen at 7.50 (10- day MA) and any break below targets 6.96 (daily Tenken-Sen)/6.62 (61.8% retracement of 5.58 and 8.33)/5.58.


FxWirePro- Major Crypto levels and bias summary
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Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
Ethereum Refuses to Stay Below $3,000 – $3,600 Next?
ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K
Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks




