ETH Looks Bearish (12H)

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It seems that Ethereum has completed a large bearish triangle, with the first move already played out.

A pullback to the supply zone | marked in red | has now occurred.

The price is expected to eventually reach the green zone, accompanied by some fluctuations along the way.

The main target is the green zone.

A daily candle closing above the invalidation level will invalidate this analysis.

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

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.