ETH New Update (4H)

450
After being rejected from the higher levels and losing the trigger line, Ethereum now appears to have pulled back into the range zone and the trigger line.

It is expected that the price will be rejected once again from the red zone to the downside, and then turn bullish again from one of the two green zones and move upward.

This is our current outlook on Ethereum. The analysis will be updated accordingly.

Keep in mind that taking short positions in these zones is not low-risk either!

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