Trading plan: ETHUSD (Ethereum)
Ethereum has reached targets of its rate growth estimated by us. At the moment, Ethereum rate is included in the sale zone: $ 680- $ 612, where we plan to look for deals for its sale. It is better to buy Ethereum starting from a support level of $ 500.
Priority of the day: neutral position on ETHUSD.
We will wait a couple of days until the bears appear.
Projected scenarios:
1. The ETHUSD rate will rise from $ 600 to $ 612.
2. Ethereum rate can take a lateral movement.
An alternative scenario:
Since the sales area for Ethereum rate is close, it is possible today that its rate will drop from $ 600 to $ 580.
Priority of the day: neutral position on ETHUSD.
We will wait a couple of days until the bears appear.
Projected scenarios:
1. The ETHUSD rate will rise from $ 600 to $ 612.
2. Ethereum rate can take a lateral movement.
An alternative scenario:
Since the sales area for Ethereum rate is close, it is possible today that its rate will drop from $ 600 to $ 580.
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