Market Analysis of Ethereum on Monday 13 December 2021

2021-12-13 09:50Source:BtcDana

Ether / Dollar intraday: the upside prevails as long as 4054 is support

 

Our pivot point stands at 4054.

 

Our preference:

The upside prevails as long as 4054 is support.

 

Alternative scenario:

Below 4054, expect 3924 and 3846.

 

Comment:

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 4078 and 4055).


Analyst Views Chart


This material is from Trading Central and is being posted with permission from Trading Central. The views expressed in this material are solely those of the author and/or Trading View and BTCDana is not endorsing or recommending any investment or trading discussed in the material. Before acting on this material, you should consider whether it is suitable for your circumstances and as necessary, seek professional advice.

More