Trading plan: ETHUSD (Ethereum)
The Ethereum rate finishes its correction and prepares to drop.
Priority of the day: decrease of the ETHUSD rate with a target of $ 420.
We waited a long time for the end of the Ethereum price rollback to continue to work on a downtrend. Our plans include the search for an entry point for the sale of Ethereum near the levels: $ 480, $ 470.
Projected scenarios:
1. The ETHUSD rate will drop from $ 470 to $ 420.
2. The ETHUSD rate will remain in flat one more day.
An alternative scenario:
For the broad picture of the Ethereum sales, we need movement upwards, to $ 490, $ 500. Therefore, a small momentum of Ethereum rate is possible, with a subsequent drop to $ 420, $ 400.
Priority of the day: decrease of the ETHUSD rate with a target of $ 420.
We waited a long time for the end of the Ethereum price rollback to continue to work on a downtrend. Our plans include the search for an entry point for the sale of Ethereum near the levels: $ 480, $ 470.
Projected scenarios:
1. The ETHUSD rate will drop from $ 470 to $ 420.
2. The ETHUSD rate will remain in flat one more day.
An alternative scenario:
For the broad picture of the Ethereum sales, we need movement upwards, to $ 490, $ 500. Therefore, a small momentum of Ethereum rate is possible, with a subsequent drop to $ 420, $ 400.
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