Backed by technical offers at ETH / USD 2766: Sally Ho technical analysis 28 May 2021 ETH

Ethereum (ETH / USD) came a little early in the Asian session, as the pair fell to the 2792 level after trading as high as the 2884 area during the North American session; The lowest value across days represents the 61.8% pullback test. Final depreciation range ranging from 2893.96 to 2639.32. Traders stated that the intraday low is a test of the 38.2% retracement of the range from 2639.32 to 2884. Stops were picked above the levels of 2833.86 and 2839.47 during the rise, which corresponds to a 76.4% and 78.6% retracement of the recent depreciation range from 2893.96 to 2639.22. Selling pressure in the 3567.40 region has recently increased and pauses have been selected under various low price targets and potential technical support areas, including 3485.38, 3212.13, 2938.87, 2725.38, 2600.77, 2549.82, 2451.84, 2334.65, 2178.29, 2054.25, 1987.71, 1944. 1912.06 and 1874.99 levels. Support levels offered during withdrawals include 1783.89, 1755.41, 1730.47, 1456.03, 1371.71, 1317.79, 1229.48 and 1103.49. During its recent gains to a record high around 4384.43, stops were selected in the 3987.65, 4113.81 and 4136.61 areas, and the rising price targets are due to the historical buying pressure emerging around the 90 number. Other rising project targets include the levels 4453.47, 4471.68, 4522.73, 4550.12 and 4609.38. Investors note that the 50 bar MA (4 hours) declined below 100 bar MA (4 hours) and below 200 bar (4 hours) MA. It also indicates an increase above 50 bar MA (per hour), 100 bar MA (per hour) and 200 bar MA (per hour). The tariff activity is closest to a 50 bar MA (4 hours) at 2540.55 and a 50 bar MA (per hour) at 2751.44. Technical support is expected to stop below around 1860 / 1783.89 / 1755.41. Technical resistance is expected to stop at around 3122.22 / 3420.10 / 3788.66 and above. SlowK i on the 4-hour chart

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