In lower timeframes, Ethereum seems to be preparing for a bullish move.
It has been consolidating in a range for some time. Considering it has accumulated buy orders below support 1, we expect an upward move.
As long as the green zone is held, it can move toward the red zone.
Closing a 4-hour candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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