Trading Signal for Ethereum (ETH/USD) for June 04 - 07, 2021: Buy above $2,500

analytics60ba3e42ab6a9.jpg

In the early American session, Ethereum ETH/USD is trading above the strong support at $ 2,500, inside the uptrend channel and inside the ascending wedge pattern.

Our recommendation is to buy above 2/8 murray, targeting 2,812 and 3,125, zone of the EMA 200 and strong resistance. The eagle indicator is in the neutral zone.

Support and Resistance Levels for June 04 – 07, 2021

Resistance (3) 2,876

Resistance (2) 2,785

Resistance (1) 2,687

----------------------------

Support (1) 2,558

Support (2) 2,460

Support (3) 2,012

The material has been provided by InstaForex Company - www.instaforex.com

Pages