Etherium - After the release of important news goes to test the As expected, the U.S. Federal Reserve increases the interest rate by 75 basis points (0.75%). It is now at 4%.
On the background of this news we saw increased volatility in the markets.
The buyer failed to reach the local highs and the chart continued to move in the downward channel. Maybe this formation lures the market participants to the short for the further movement at the expense of their stop-losses.
If we do not see a resumption of buying at 1480, we can expect a test of the buyer at these prices: 1) 1360. 2)1220.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
The previous idea is still relevant, at any time we can see the resumption of buying.
