Ethereum New Update (Road Map)
2024-10-17

According to the data we have from various indexes, such as Tether's dominance or Bitcoin, it seems that the most likely scenario for Ethereum is a large diametric.

The red range is a strong supply that is expected to be unreactive when the price reaches it.

We are looking for sell/short positions in the red range.

Closing a daily candle below the invaliation level will violate 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