ETH-6h. Buyers are ready to test $ 800-840.

BTC's local weakness, after setting a new historical high, gave ETH buyers a chance to come out of the shadows.
On December 27, during the two hours of active sales of BTC at highs showed that many people want to keep the price of BTC. During the stoppage of growth in the BTC market, ETH buyers raised the price by 10% in 3 hours. The initiative of buyers continues to remain with buyers. This is how our global idea ends.

Buyers managed to go beyond the wedge. The local critical point for continued growth to the $800-840 range is the $700 mark. Below it, sellers will return ETH to the consolidation wedge and try to test the $620-630 range.

Therefore, we expect the result of the fight for the $700 mark to enter the risk-free entry into the position.
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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