Ethereum December 21st Daily Market Analysis Reference:
For Learning and Communication Only
Ethereum is back, is everyone still holding their positions? The daily line has returned above 3390, and Ethereum is currently experiencing a support rebound on the daily line.
Currently, for the 1-4 hour market, attention needs to be paid to the two positions at 3420 and 3536. If the 1-hour does not break 3420, the trend shows a bullish structure; if the 4-hour stabilizes above 3536, pay attention to the 1-4 hour resonance on the bullish side. Near 3536-3540, short opportunities can be noted. If it stabilizes near 3365-3375, short positions can be taken.
Daily level resistance levels to note are 3485-3555-3660.
Daily level support levels to note are 3440-3410-3390.
1-4 Hour Important Resistance and Support Levels Reference:
Resistance 3495-3540-3590
Support 3380-3272-3160