ETH 1D Long takes was fixed, are we going for a correction?

9 apr 2021

Two months have passed since the publication of our previous global idea, ETHUSDT, and you can check its development from the picture below.

All three goals from the global idea for fixing longs on Ethereum have worked: the maximum target is $2150 - the maximum price of ETH is $2151
By the way, all the growth took place on falling trading volumes, which is not good.

In parallel, when a global idea was working, we also made local ideas for ETHUSDT, which, if desired, can be found in our list of published ideas.

What awaits us now in the ETHUSDT trading pair?
- It looks like a correction to $1,750 is very likely, and near this level, the future of the ETHUSD price for the next 1-2 months will be decided.
- If buyers have the strength to protect the level of $1,750 from the strait below, then it will be possible to start dreaming about ETH at $3,000
- If at the level of $1750 the sellers show that they have completely seized control of the market, then we can expect $1100 for Eth
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