ETH. If buyers don't keep $363, they will see $274.

11 de out. de 2020

Consolidation in ETH has extended a lot, which increases investors' tension.
In previous ideas, we wrote about the mark $363, which served as the critical point for this coin. Buyers managed to break this point and update the local high. However, according to the volume of ETH price growth from 8 October, it seems that buyers are leaving the forces.

When BTC showed, most likely manipulative, upward impulse, then ETH in response was satisfied with weak growth on low volumes.
Such input information makes us think that the maximum that ETH is waiting for is the continuation of consolidation trend with an exit down to $274 and $251.

Cancellation of this scenario in case the price fixes above $390. But first, buyers need to show that they ready to keep $363.
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26 de out. de 2020

Nota

Updated the idea of ETH for the medium term
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