Ethereum Update (12H)
2024-11-08

The Ethereum scenario turned into a triangle. We already considered Diametric for Ethereum. With the news of Trump's election and the influx of money, this pattern turned into a triangle.

To enter an Ethereum position, we need correction. The best place to buy again is marked on the chart.

Currently, the price has risen without correction and it is risky to enter the position.

The goals are clear in the chart.

Closing the daily candle below the invalidation level violates this analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You