Ethereum is now in the culmination phase. The nearest target of the Ethereum fall is near the level of $ 500. The volume for sale is moderate.
We believe that the culmination will end with a sharp bounce of the Ethereum rate upwards, so we recommend that all bears think about fixing profits.
Priority of the day: neutral position on ETHUSD.
Today it's too late to sell Ethereum, but it's too early to buy it. Those who hold a short position can take a good profit. Those who are not yet in the market, we recommend today to wait with the deals.
Projected scenarios:
1. The fall of the ETHUSD rate from $ 540 to $ 500.
2. The upswing of the ETHUSD rate from $ 540 to $ 560.
An alternative scenario:
The culmination may not take place and Ethereum rate will take a lateral movement.
We believe that the culmination will end with a sharp bounce of the Ethereum rate upwards, so we recommend that all bears think about fixing profits.
Priority of the day: neutral position on ETHUSD.
Today it's too late to sell Ethereum, but it's too early to buy it. Those who hold a short position can take a good profit. Those who are not yet in the market, we recommend today to wait with the deals.
Projected scenarios:
1. The fall of the ETHUSD rate from $ 540 to $ 500.
2. The upswing of the ETHUSD rate from $ 540 to $ 560.
An alternative scenario:
The culmination may not take place and Ethereum rate will take a lateral movement.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.