Ethereum Analysis December 13, 2024
technical analysis

Ethereum Analysis December 13, 2024

THELOGICALINDIAN - ETHUSD

Ethereum bankrupt out over the aftermost day, allowance the $500 level. It now looks to go emblematic and chase appear the $600 level, which is the addendum of a abstinent move from the antecedent rectangle. $600 should action resistance, so attending for a pullback at that point. $500 should be abutment activity forward.

 

ETH/BTC

Ethereum continues to assemblage adjoin Bitcoin, but as I declared yesterday, the 0.035 akin is alms resistance. At this point, it looks acceptable that a pullback could happen, but a move aloft that akin sends this brace attractive for the 0.04 akin aloft which is of advance cerebral resistance.

Thanks for watching, I’ll be aback tomorrow.