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Crypto Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Ethereum (CRYPTO:ETHUSD)

Long-Term Uptrend (+90) - ETHUSD is in a strong uptrend that is likely to continue. While ETHUSD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid ETHUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for ETHUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CRYPTO_ETHUSD
Open High Low ETHUSD Price Change
2372.705 2381.825 2381.825 2369.735 -2.970
Entry Signal

MarketClub’s Trade Triangles for ETHUSD

long term up The long-term trend has been UP since Nov 5th, 2023 at 1877.69

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 1742.97

short term up The short-term trend has been UP since Nov 30th, 2023 at 2074.90

Smart Scan Analysis for ETHUSD

Based on our trend formula, ETHUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for ETHUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2372.705 2381.825 2381.825 2369.735 -2.970
Prev. Close Volume Bid Ask Time
2372.705 2023-12-08 01:41:40
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