Ethereum breaches the resistance – Analysis - 19-12-2018
Economies.com
2018-12-19 04:49AM UTC
Ethereum price breached 102.50 level strongly and settled above it, to exit the sideways range that appears on the chart and heads to achieve more gains in the upcoming period, as the first positive target is located at 116.50.
Therefore, the bullish bias will be suggested for today supported by the EMA50, noting that breaking 102.50 will stop the positive scenario and put the price within the sideways track again.
Expected trading range for today is between 100.00 support and 116.50 resistance
Expected trend for today: Bullish
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