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
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Support (1) 2,558
Support (2) 2,460
Support (3) 2,012