ETH is moving in a narrow trading range! An in-depth analysis of WHITEBIT: ETHUSDT by KlejdiCuni – Technische Analyze – 2022-12-20 20:06:48

Ethereum is moving in a narrow trading range! Deep analysis

As I explained yesterday during my Trading View live broadcast, the price has stopped at BlockFI support area .

It is very clear that this support near 1154 is very strong and pushed the price back to 1216 resistance area .

this is resistance area Once again very important as 1216 could push the price back to 1154 by extending the correction in this way.

Only a break above 1216 will push the price higher again.

Until that moment, we are stuck in a narrow trading range between 1154 and 1216

Thank you and good luck!

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