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Dec 11 - 01:55 PM

Ether - Bulls Wrestle With The 10-DMA

By Christopher Romano  —  Dec 11 - 12:05 PM
  • Ether fell toward 3564, buyers emerged, Ether then turned positive

  • 3824 neared after the 10-DMA was pierced, 3800 neared at Europe close

  • Rallies in Bitcoin BTC=, stocks ESv1, gold XAU= helped buoy Ether

  • Ether's rally has bulls seeing some encouraging tech signals however

  • Daily, monthly RSI rise & rally followed Tuesday's daily doji candle

  • December's monthly doji candle suggests indecision however

  • Ether bulls need clean break above 4095/4100 to gain greater control

  • For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

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