ETH – Correction Nearing Completion?

ETH has been in a clear bearish trend, printing strong impulsive moves to the downside.

Currently, price is in a correction phase, moving within a rising channel — typical behavior before continuation.

Now ETH is approaching the upper bound of this corrective structure.

This is where things get interesting 👇
As long as this channel holds, we will be expecting the bears to step back in and take control, aiming for a continuation to the downside.

Bearish trend + corrective rally = potential short opportunity.

Correction first… then continuation.

Will ETH roll over from here?

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!
~Richard Nasr

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Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

TheSignalyst

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