ETH-3h. Sellers still have a chance for revenge.
The weakness of the local trend of falling ETH prices from December 1 forced sellers to retreat to $ 530. The price did not reach the goal of our previous idea.
However, has the price correction been completed?
The local level noted in the previous idea was not broken.
The $600-620 price range stood.
Even the local range of $ 585-582 remained under the control of sellers. (from this range on December 8 began to fall to $ 530).
The current growth has taken place without any accumulation of buyers. We are generally silent against the trend line.
Local continuation of ETH growth is possible after fixing over $585. Otherwise, buyers will expect a better price.
_______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
However, has the price correction been completed?
The local level noted in the previous idea was not broken.
The $600-620 price range stood.
Even the local range of $ 585-582 remained under the control of sellers. (from this range on December 8 began to fall to $ 530).
The current growth has taken place without any accumulation of buyers. We are generally silent against the trend line.
Local continuation of ETH growth is possible after fixing over $585. Otherwise, buyers will expect a better price.
_______________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
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👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
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