Market Analysis of Ethereum on Monday 6 December 2021

2021-12-06 10:05Source:BtcDana

Ether / Dollar intraday: the downside prevails as long as 4252 is resistance

 

4252 is our pivot point.

 

Our preference:

The downside prevails as long as 4252 is resistance.

 

Alternative scenario:

Above 4252, look for 4383 and 4460.

 

Comment:

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 4155 and 4153).


Analyst Views Chart


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