Ethereum within sideways range – Analysis - 18-12-2018

Ethereum price provided clear positive trading yesterday to approach from the critical resistance at 102.50, showing signals for a sideways range that dominates the last trading as appears in the image, and its lines are represented by the mentioned resistance and 83.20 support, and the chances appear available to bounce lower and visit the mentioned support.

Now, the sideways bias will be preferred on the intraday basis unless breaching one of the above mentioned levels, pointing that breaching the resistance will push the price to keep the main decline that its next targets are located at 70.00 then 60.00.

Expected trading range for today is between 85.00 support and 110.00 resistance

Expected trend for today: Sideways