EthereumLong
Trading plan: ETHUSD (Ethereum)
Despite the profound correction of Ethereum rate, it still retains its growth potential.
Priority of the day: the growth of the ETHUSD rate with a target of $ 504.
Sometimes the price of Ethereum updates its lows before good growth. Today we just observe the market without making any deals.
Projected scenarios:
1. The ETHUSD rate will grow from $ 452 to $ 504.
2. The ETHUSD rate may move in the corridor: $ 477 - $ 452.
An alternative scenario:
Such a deep rollback of the price of Ethereum is dangerous for bulls, because of the fact that after breaking through the level of $ 440, a continuation of the bearish trend is possible.
Priority of the day: the growth of the ETHUSD rate with a target of $ 504.
Sometimes the price of Ethereum updates its lows before good growth. Today we just observe the market without making any deals.
Projected scenarios:
1. The ETHUSD rate will grow from $ 452 to $ 504.
2. The ETHUSD rate may move in the corridor: $ 477 - $ 452.
An alternative scenario:
Such a deep rollback of the price of Ethereum is dangerous for bulls, because of the fact that after breaking through the level of $ 440, a continuation of the bearish trend is possible.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.