Ethereum rate is in flat, as we expected yesterday. Priority of the day: neutral position on ETHUSD. Heavy work of a trader assumes a long wait for his market situation. It is not yet known how long Ethereum rate will stand in the lateral movement, so we are waiting. Projected scenarios: 1. ETHUSD rate will decrease from $ 540 to $ 506. 2. ETHUSD rate will rise from $ 530 to $ 570. An alternative scenario: Ethereum will be in flat for the rest of the day.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.