90% Accurate Ethereum Technical Analysis (Short Term) – 03-Dec-2022

Ethereum Technical Analysis 03-Dec-2022
Ethereum Technical Analysis 03-Dec-2022 | Image: Phemex
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Ethereum Technical Analysis – 1-Hour Candle Stick Chart, Short Term Recommendation (Intra-Day)

Technical ParametersValueInterpretationRecommendation*
Current Price1284Current Price > Yesterday’s PriceBullish
Yesterday’s Price1273
EMA 201284EMA 20 > EMA 50Bullish
EMA 501278EMA 50 > EMA 100Bullish
EMA 1001262EMA 100 > MA 200Bullish
MA 2001228Current price > MA 200Bullish
MACD 19 39 9MACD crossed up signal line and above zeroBullish
RSI 1453RSI 14 ≈ RSI 44Neutral
RSI 4456RSI has plenty of room to increase or decrease further – Neutral
ATR 148Market is consolidating. Wait for break-out
Resistance1300Current Price is near resistance level.
Entry Price1296
Stop Loss1320
Leverage10xOwing to the market uncertainty, keep lowest possible leverage.
Take Profit 11163
Take Profit 21080
Time09:50 IST
Ethereum Technical Analysis

*Recommendations are speculative. Getaka Doesn’t bear any responsibility if there is any financial loss whatsoever

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