Trading plan: ETHUSD (Ethereum)
The rate of Ethereum dropped to $ 450.
Priority of the day: buy ETHUSD with a target of $ 490.
In our opinion, the Ethereum rate completed culmination downwards, and now there will be a sharp bounce up, with the immediate target of $ 490.
Of course, the bearish trend is not over yet, so Ethereum may continue its fall to $ 440.
Projected scenarios:
1. The ETHUSD rate will rise from $ 460 to $ 490.
2. The ETHUSD rate will drop from $ 460 to $ 440.
An alternative scenario:
The Ethereum rate, perhaps, will remain in the lateral movement for the rest of the day.
Priority of the day: buy ETHUSD with a target of $ 490.
In our opinion, the Ethereum rate completed culmination downwards, and now there will be a sharp bounce up, with the immediate target of $ 490.
Of course, the bearish trend is not over yet, so Ethereum may continue its fall to $ 440.
Projected scenarios:
1. The ETHUSD rate will rise from $ 460 to $ 490.
2. The ETHUSD rate will drop from $ 460 to $ 440.
An alternative scenario:
The Ethereum rate, perhaps, will remain in the lateral movement for the rest of the day.
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