Ethereum may go bullish, be careful

8月1日

First of all we need to know that the main structure is bullish and we can trust the signals that are in the same direction as the main trend.

Recently we had a bullish iCH on the chart.

We are in a big range that we are approaching the discount of this range. We are near a support range.

We will look for buy/long positions within the specified demand range.

The targets are marked on the chart

Closing a daily candle above the invalidation level will violate the 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