The global idea for ETHUSDT that we published more than a month ago is still relevant and is being developed well.
The ETHUSD price has entered the $1750-2000 liquidity zone and the process of "braking" growth has begun. It seems that it is still not strong enough to break above $2000, and a correction is needed.
If during the correction, ETH buyers manage to keep the price above $1600, it will mean that they have the strength, motivation, and goal to drive the price much higher.
We also expect a correction on the BTCUSDT chart. The idea that we published at the beginning of the week is relevant, we just have to wait a little bit)
Have a great weekend
____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.