Ethereum / TetherUS
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ETH Analysis (1D)

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Ethereum is approaching a support level.

The risk-to-reward ratio is not very attractive since we are in a bearish trend, but we expect a reaction to the green zone.

There are two targets ahead of the price, which we have marked on the chart.

A daily candle closing below the invalidation level will invalidate this analysis

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Still Valid

In all the Ethereum analyses we published over the past days and weeks, we identified the $1,993 to $1,863 range as Ethereum’s support and stated that a rebound to the upside was expected from this zone.

However, in higher time frames, the structure remains bearish.

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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.