ETH short term trade. Local short

3 พ.ค. 2022

Our global forecast for the cryptocurrency ETH is relevant. We expect a test of the $2600 range, from where the price has every chance to start a new powerful wave of growth. Links to our recent global ETHUSDT forecast below:

However, at the moment the sellers have not given the initiative. The price is slowing down, but sellers are preparing for another local downward momentum.

From how buyers will behave around the $2600 mark, it will be clear whether there will be a new wave of growth in the near future. So far no signs of buyer strength are visible.

Local ETH short
Admission 1: $2865
Admission 2: $2923
Stop: $3001
Such profit: $2675

The critical point where you need to closely monitor the price and be ready to fix the profit - $2726.

P.S. This local short is carried out near local minima. This should be taken into account when determining the size of the position.

8 พ.ค. 2022

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