Trading plan: ETHUSD (Ethereum)
Ethereum does not surrender to bears, bulls press the market. If Ethereum rate will break through the level of $ 760 and fix there, it will be the victory of the bulls.
Priority of the day: sell ETHUSD for $ 660.
Ethereum has sharply bounced up from the level of $ 660. We think that the bears will restore order, and they will lower the price back to the same level.
Projected scenarios:
1. Sell ETHUSD from $ 760 to $ 660.
2. ETHUSD may be in the flat today until the balance of power of buyers and sellers is formed.
Alternative scenario:
Ethereum rate will continue to grow to $ 760. This scenario is very likely to happen today, since the balance of power is not now defined, and anything is possible.
Priority of the day: sell ETHUSD for $ 660.
Ethereum has sharply bounced up from the level of $ 660. We think that the bears will restore order, and they will lower the price back to the same level.
Projected scenarios:
1. Sell ETHUSD from $ 760 to $ 660.
2. ETHUSD may be in the flat today until the balance of power of buyers and sellers is formed.
Alternative scenario:
Ethereum rate will continue to grow to $ 760. This scenario is very likely to happen today, since the balance of power is not now defined, and anything is possible.
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