ETH 1D What is more real: a growth of $6400 or a fall of $1100?

23 Jun 2021

A month has passed since the publication of the previous global idea for ETH
Then we recommended covering longs in the region of $3000-3300

The price twice tried to enter this zone, first it was $2910, then $2891, and then a strong drain again into the current liquidity zone.

Now it seems like another wave of growth in the ETHUSDT pair is being prepared, but there are several conditions, let's list them:
1) The price should consolidate above the liquid zone of $2,150, and then above $3,000
2) Only after the ETHUSD price confidently breaks through the $3550 mark will the path open for updating the maximum, possibly even up to $6400 for Ethereum.
3) If the price of ETHUSDT now begins to consolidate below $1700 or later below $3000, this will be a notification that buyers are weak, and it is better to leave the longs, because the price may fall into the lower liquid zone of $1100-1400
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8 Sep 2021

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