The probability evaluation based on the use of the seven instruments works well. Another scenario was implemented and buyers pushed through the level 300. Their task for today is to close the day candlestick above this level.

At the moment, we are moving in the upper register of the upward channel and the buyers feel well enough. It is even possible that there will be an attempt to break the upper boundary and subsequent acceleration.

Locally, in the H4 chart a doji candle has formed, which characterizes the uncertainty and temporary balance. At the same time, small sales volumes, which followed after it, make it clear that this is only a temporary stop in the upward movement.

The two nearest supports are at the level 300 (mirror level) and 290 (litefinance_com_devtal accumulation). I estimate the probability of decline in their direction as below average. But if it does happen, this situation still will not threaten the current growth trend.

We still have not reached the first target in the range 320-330. We wait patiently and observe the development of the market situation closely.

Good luck in your trading!


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Ethereum is lifting the stone at the level 300

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