P_S_trade

ETHUSDT 1D The latest growth Ethereum price

WHITEBIT:ETHUSDT   Ethereum / Tether US
More than a month ago, we published the ETHUSDT trade with +84% return (our take profit $2024, maximum $2029)
We warned that in this liquid zone it is better to cover longs, because a correction may begin.

Given that the transition from PoW to PoS is planned to be completed between September 16-19, we take these dates as a basis.
We suggest that another wave of ETHUSD price growth is more than real.
The first target for growth is $2500, although the next liquidity zone is wide $2500-3100.
Critical point - $1300 above this level, the growth scenario is relevant, below - not

In mid-September, you should either keep a short stop on a long position, or partially/completely cover it, because it is difficult to guess how the market will react to the shutdown of ETH mining.
This news can both create a deficit super Ethereum price growth, and the price can collapse due to the lack of speculative price component
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