After the CH turned bearish and lost the flip zone, along with the formation of a large liquidity pool below the chart, there are multiple confirmations that Ethereum is in a bearish structure.
It is expected to reach the lower demand zone and sweep the liquidity pool along its path.
A daily candle closing above the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
It is expected to reach the lower demand zone and sweep the liquidity pool along its path.
A daily candle closing above the invalidation level will invalidate this analysis.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Trade active
After hitting the marked flip zone, the price dropped over 16%. The main support is the lower zone, where the large yellow circle is located.
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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.
🔥 See hot signals and top analyzes on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
🔥 Profitable signals are only posted on our free Telegram channel: 👉 t.me/iMoney_T
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.