P_S_trade

ETH-4h. First $600 and then $800.

Long
BINANCE:ETHUSDT   Ethereum / TetherUS
For the second day in a row the price is trading above the previous local high.
The focus of the cryptoworld on BTC does not allow the ETH market to reach its full potential yet.
On the ETHBTC chart the price continues to fall, giving new resources for BTC growth.

BTC volatility is now higher than ETHBTC pairs. Local correction of BTC will entail the price of the pair ETHUSDT. The critical zone for the continued rapid growth of ETH is $ 600-620. The first serious target is $800.

Breaking the $600-620 range will form a rather negative scenario, which is too early to talk about.
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Breaking the $ 600-620 range will form a rather negative scenario, which is too early to talk about.

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