The bearish scenario for Ethereum is now active (1D)
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We have always relied on the flip zone from our previous Ethereum analyses. Now that this zone has been broken, the bearish scenario for Ethereum is active.
A more accurate interpretation suggests that this is the correct structure. Given this, we have been in Ethereum's bearish Wave C for some time.
Ethereum is expected to move from the red zone toward the green zone soon.
For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
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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.