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 _______________________________ 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 :)