Ethereum price breaks the support – Analysis - 03-12-2018
Economies.com
2018-12-03 05:25AM UTC
Ethereum price broke the bullish channel’s support line that appears on the chart and settles below it now, to fall under expected negative pressure in the upcoming period, supported by the EMA50 that pushes the price downwards, waiting to target 100.00 areas again.
Therefore, we suggest witnessing more decline today unless breaching 120.00 and holding above it.
Expected trading range for today is between 105.00 support and 120.00 resistance
Expected trend for today: Bearish
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