This analysis is an update of the analysis you see in the "Related publications" section
Honestly, as you know, the market had been ranging for several days without much movement. On the chart, we had signs of a drop, but the drop didn’t happen, and instead the market dropped in a way that was shown.
Considering that the demand zone has held and the market is still ranging, we can return to the scenario of (this analysis (tradingview.com/chart/ETHUSDT/nLraRnU3-Ethereum-Analysis-4H/) and expect to see some recoveries from Ethereum.
Either Ethereum can get rejected from the identified supply zone, or it can make a new all-time high afterwards.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Honestly, as you know, the market had been ranging for several days without much movement. On the chart, we had signs of a drop, but the drop didn’t happen, and instead the market dropped in a way that was shown.
Considering that the demand zone has held and the market is still ranging, we can return to the scenario of (this analysis (tradingview.com/chart/ETHUSDT/nLraRnU3-Ethereum-Analysis-4H/) and expect to see some recoveries from Ethereum.
Either Ethereum can get rejected from the identified supply zone, or it can make a new all-time high afterwards.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.