[ad_1]
Medium-term trend ETH / USD: bearish
- Resistance levels: $ 240, $ 250, $ 280
- Support levels: $ 80, $ 70, $ 60
Yesterday, December 10, the price of Ethereum was in a bearish trend. Yesterday, the downward trend interrupted the 12-day EMA and the 26-day EMA and the price fell in the bearish trend zone. The price of the crypt dropped to a low of 91.44 and the price made a bullish movement at the EMA.
The price of Ethereum is lower than the EMA but is higher than the price of $ 90. If bears break this price level, the Ethereum price will find support at the $ 84 price level. Meanwhile, the price of the ETH is lower at the 12-day EMA and the 26-day EMA indicating the price should decrease. Furthermore, the MACD line and the signal line are below the zero line indicating a sales signal.
Short-term ETH / USD trend: bullish
In the 1 hour chart, the price of the crypt is in an uptrend. On December 10, the price of cryptography interrupted the 12-day EMA and the 25-day EMA and the revitalization movement of the range started below the EMA. The chandeliers of the cryptic prices broke the EMAs on the upside. This will allow the crypt to rise. Meanwhile, the MACD line and the signal line are below the zero line indicating a sales signal. Meanwhile, the ETH price is higher than the 12-day EMA and the 26-day EMA indicates that the price is in the uptrend zone.
The opinions and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your research.
[ad_2]
Source link
