Midday update for Ethereum 12-12-2018

Economies.com
2018-12-12 10:38AM UTC

Ethereum price provides slight positive trading to retest the previously broken support of the bearish flag that appears on the chart, and as long as the price is below 102.50, the bearish trend scenario will remain valid for the upcoming period, supported by stochastic loss to the bullish momentum, reminding you that breaking 79.00 will reinforce the chances of heading towards 60.00 that represents our next main station.

 

Expected trading range for today is between 75.00 support and 100.00 resistance

Expected trend for today: Bearish

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