Ethereum is undergoing correction

476
At the point where we have placed a red arrow on the chart, Ethereum correction has started.

Ethereum seems to be forming a diametric pattern.

It can move from the specified Supply to the specified Demand.

On the Demand range, you can look for buy/long positions.

Closing a daily candle below the invalidation level will violate our buy/long view

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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.