Ethereum price update for December 11th

This article was written at 15:06. Yesterday, we mentioned that the 3170 resistance level had become support after being broken, and this was also the entry point for long positions on pullbacks. Today, the market fell to a low of 3166, which was just the right entry point for us. Those who entered positions should hold, and long-term holders should continue to hold. Looking at the daily chart, 3170 has shown considerable strength as both support and resistance. Now that it has been broken, it is not easy for it to break down further as support. Those who entered positions at 3170 should continue to hold. Those who did not enter positions can enter directly at the current price of around 3190. The stop loss is 3070 as in yesterday's strategy, and the target is around 3150. Enter the market at your own discretion. Click on the avatar above to open my profile and discuss market trends together. Short-term trading, control risk, and manage your own profits and losses.