Trading plan: ETHUSD (Ethereum)
Ethereum rate is located near the support zone: $ 500 - $ 480.
Priority of the day: sell ETHUSD for $ 460.
Correction of Ethereum rate to the bearish trend is over, and it continues to fall.
Projected scenarios:
1. The rate of ETHUSD is reduced from $ 510 to $ 460.
2. The ETHUSD rate will remain in the lateral movement until the end of the day.
An alternative scenario:
The growth of Ethereum rate is possible if it can overcome the level of $ 550. Then the nearest target of its upward movement will be $ 600.
Priority of the day: sell ETHUSD for $ 460.
Correction of Ethereum rate to the bearish trend is over, and it continues to fall.
Projected scenarios:
1. The rate of ETHUSD is reduced from $ 510 to $ 460.
2. The ETHUSD rate will remain in the lateral movement until the end of the day.
An alternative scenario:
The growth of Ethereum rate is possible if it can overcome the level of $ 550. Then the nearest target of its upward movement will be $ 600.
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