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