Ethereum slowly surrenders to the paws of bears. Graphic analysis of Ethereum shows the high interest of buyers in this cryptocurrency: closing day prices are close to opening prices, several red bars are in the body of one green, and other signs.
Priority of the day: sell ETHUSD for $ 630.
As for Ethereum, the $ 660- $ 630 zone can become a good basis for buyers. We do not rule out a sharp bounce in the price of Ethereum in the coming days.
Projected scenarios:
1. Sell ETHUSD from $ 700 to $ 630.
2. ETHUSD can take a lateral movement until the end of the day.
Alternative scenario:
Ethereum can begin its narrowing in the figure of the Triangle. Therefore, we do not exclude the possibility of an increase in Ethereum rate from $ 680 to $ 725.
Priority of the day: sell ETHUSD for $ 630.
As for Ethereum, the $ 660- $ 630 zone can become a good basis for buyers. We do not rule out a sharp bounce in the price of Ethereum in the coming days.
Projected scenarios:
1. Sell ETHUSD from $ 700 to $ 630.
2. ETHUSD can take a lateral movement until the end of the day.
Alternative scenario:
Ethereum can begin its narrowing in the figure of the Triangle. Therefore, we do not exclude the possibility of an increase in Ethereum rate from $ 680 to $ 725.