Ethereum New Update (12H)

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On the chart, we have a bearish CH and a resistance SWAP zone has formed. This SWAP zone has been broken downward, and now on the pullback to this area, we can look for sell/short positions. As long as the price does not reclaim and hold above this zone, the bearish outlook on Ethereum remains valid

If the price strongly breaks TP1 to the downside, a much deeper drop may occur

A daily candle closing above the invalidation level would 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.