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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.
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MarketClub’s Trade Triangles for ETHUSD
The long-term trend has been UP since Nov 5th, 2023 at 1877.69
The intermediate-term trend has been UP since Oct 23rd, 2023 at 1742.97
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).
| 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 |