P_S_trade

ETH-3h. Sellers still have a chance for revenge.

BINANCE:ETHUSDT   Ethereum / TetherUS
The weakness of the local trend of falling ETH prices from December 1 forced sellers to retreat to $ 530. The price did not reach the goal of our previous idea.

However, has the price correction been completed?

The local level noted in the previous idea was not broken.
The $600-620 price range stood.
Even the local range of $ 585-582 remained under the control of sellers. (from this range on December 8 began to fall to $ 530).

The current growth has taken place without any accumulation of buyers. We are generally silent against the trend line.
Local continuation of ETH growth is possible after fixing over $585. Otherwise, buyers will expect a better price.
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