Ethereum December 21st Intraday Market Analysis Reference:
For Learning and Exchange Purposes Only
Ethereum is back, is everyone still holding 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, pay attention to two key levels at 3420 and 3536. If the 1-hour level does not break 3420, the trend shows a bullish structure. If the 4-hour level stabilizes above 3536, watch for a resonance of bullish sentiment in the 1-4 hour range. Near 3536-3540, you can look for short opportunities. If it stabilizes around 3365-3375, consider entering a short position.
For daily level resistance, pay attention to 3485-3555-3660
For daily level support, pay attention to 3440-3410-3390
1-4 Hour Important Resistance and Support Levels Reference:
Resistance 3495-3540-3590
Support 3380-3272-3160