Trading plan: ETHUSD (Ethereum)
Ethereum rate moves slowly in flat.
Priority of the day: neutral position on ETHUSD.
The decrease in the liquidity of crypto is bad for the activity of the crypto trading. We take a wait-and-see tactic, because it is too late to sell Ethereum and to early to buy it.
Today, we still expect a small increase in the rate of Ethereum to $ 550.
Projected scenarios:
1. The ETHUSD rate will rise from $ 500 to $ 550.
2. The ETHUSD rate will drop from $ 500 to $ 450.
An alternative scenario:
Since the flat was formed rather long, one more day of the lateral movement of Ethereum rate is not excluded.
Priority of the day: neutral position on ETHUSD.
The decrease in the liquidity of crypto is bad for the activity of the crypto trading. We take a wait-and-see tactic, because it is too late to sell Ethereum and to early to buy it.
Today, we still expect a small increase in the rate of Ethereum to $ 550.
Projected scenarios:
1. The ETHUSD rate will rise from $ 500 to $ 550.
2. The ETHUSD rate will drop from $ 500 to $ 450.
An alternative scenario:
Since the flat was formed rather long, one more day of the lateral movement of Ethereum rate is not excluded.
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