ETH Analysis (4H)

Oct 24

After the heavy dump on altcoins, the market is still quite volatile. However, after several days and weeks of ranging, it’s gradually returning to normal and becoming more predictable for analysis.

Ethereum has formed a reversal pattern at the bottom and has made three higher lows. It’s expected to move toward the red zone while holding the green area, and then get rejected toward lower levels.

The best area for a long buy is the green box, and the best area for a short sell is the red box.

Let’s wait and see what happens next.

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

Oct 28

Trade active

It has moved more than 8% upward from the specified level