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Long

ETH/USD struggles to break above $14.85, good to buy at dips

KRAKEN:ETHUSD   Ethereum / Dollar
137 0 5
Major resistance - $14.85 (May 20th high)

Major intraday support - $13.40 (4 H Tenken-Sen)

ETH/USD price spiked higher and broken $14 resistance area .It has reached till $14.39 and started to decline from that level. It is currently trading around $13.64.

On the lower side intraday support is around $13.40 and any break below targets $12.83/$12.34 (4 H kijun-Sen)

Ethereum             is facing resistance of $14.85 on the higher side and any break above will take the pair till $15.20/$16.59.

It is good to buy at dips around $13.40 with SL around $12.80 for the TP of $14.40/$14.85/$15.17
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