Trading plan: ETHUSD (Ethereum)
Ethereum rate continues its correction with a target of $ 561.
Priority of the day: neutral position on ETHUSD.
As you remember, we are working on a trend. At the moment, according to Ethereum, we can observe the descending movement of its rate. The nearest target, where the correction of Ethereum rate will end, is in the zone: $ 580- $ 560.
Once again we remind that our trading plan is the sale of Ethereum at favorable prices.
Projected scenarios:
1. The ETHUSD rate will rise from $ 515 to $ 561.
2. The ETHUSD rate will remain in the lateral movement until the end of the day.
An alternative scenario:
The quotation of Ethereum can fall down the trend at any time.
Priority of the day: neutral position on ETHUSD.
As you remember, we are working on a trend. At the moment, according to Ethereum, we can observe the descending movement of its rate. The nearest target, where the correction of Ethereum rate will end, is in the zone: $ 580- $ 560.
Once again we remind that our trading plan is the sale of Ethereum at favorable prices.
Projected scenarios:
1. The ETHUSD rate will rise from $ 515 to $ 561.
2. The ETHUSD rate will remain in the lateral movement until the end of the day.
An alternative scenario:
The quotation of Ethereum can fall down the trend at any time.
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