Ethereum hits the first target – Analysis - 21-12-2018
Economies.com
2018-12-21 05:07AM UTC
Ethereum price managed to achieve our first target at 116.51 and settles above it now, which opens the way to extend the correctional bullish wave to target 38.2% Fibonacci correction level at 137.24, waiting for more rise supported by moving above the EMA50.
Therefore, the bullish trend will remain dominant for today, noting that holding above 116.51 is important to continue the bullish momentum in the upcoming sessions.
Expected trading range for today is between 105.00 support and 130.00 resistance
Expected trend for today: Bullish
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