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P_S_trade
May 11, 2021 7:47 AM

ETH 1D Is the End of Growth Near? 

Ethereum / TetherUSBinance

Description

We bring to your attention the global idea of ​​the ETHUSDT trading pair

If you are an ardent fan of Ethereum, then for the next few days your goal is about $4700.
Moreover, the dominance of ETH is growing, that is, capital flows into this project.

However, if you look at the chart on a large scale, you can see how the ETHUSD price has been moving upward in a channel for more than a year. Now the ETH price is very close to the upper border of the channel and a rather strong correction may begin.
The first correction level from below is around $3000. However, a more or less liquid zone is in the region of $2150 and below ...
Is this fantasy or a cruel reality we will learn in the future)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)

Trade closed: target reached

Today we will update the idea
Comments
P_S_trade
@ArtfulDodger1974, We have noticed that recently most traders are 100% confident in the continued growth of the cryptocurrency market. There are no alternative opinions. and annual uncorrected growth is no argument for anyone. It's scary too.
thinkerdoertalker
@P_S_trade, Your positive feedback is welcomed. Your charts are amazing too.
otavio_barreto
Nice channel
P_S_trade
TRADiNG_hub
You Nailed it Again 😌
P_S_trade
@TRADiNG_hub, let's see) thanks)
MMBTtrader
agree correction is needed too

thanks for sharing
P_S_trade
@MMBTtrader, thanks for comment!
KlejdiCuni
Clean setup as usual. Thank you for sharing!
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