Ethereum / TetherUS
Diupdate

ETH New Update (4H)

801
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
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It dropped more than 13% from the marked zone
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