Trading plan: ETHUSD (Ethereum)
Ethereum is growing in price with variable success. As we expected, in the $ 570 - $ 580 zone, there was a struggle between buyers and sellers of Ethereum. Only now it is clear that the buyers of Ethereum are winning, and its course is on growth.
Priority of the day: growth of ETHUSD rate to $ 608.
We remain on the side of the bulls today.
Projected scenarios:
1. ETHUSD rate will rise from $ 580 to $ 608.
2. Ethereum rate may continue lateral movement, therefore not reach out target today.
Alternative scenario:
Still there is a possibility of a drop in the rate of Ethereum from $ 580 to $ 540. The volumes for the sale of Ethereum were the same as for the purchase, so the scenario of the drop in the rate of Ethereum can not be ruled out.
Priority of the day: growth of ETHUSD rate to $ 608.
We remain on the side of the bulls today.
Projected scenarios:
1. ETHUSD rate will rise from $ 580 to $ 608.
2. Ethereum rate may continue lateral movement, therefore not reach out target today.
Alternative scenario:
Still there is a possibility of a drop in the rate of Ethereum from $ 580 to $ 540. The volumes for the sale of Ethereum were the same as for the purchase, so the scenario of the drop in the rate of Ethereum can not be ruled out.
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