From where we put the red arrow on the chart, the correction of Ethereum has started.
We are now close to the discount range of the previous wave.
The movement momentum of Ethereum has decreased. We have a good range for Rebuy. From the range of the yellow circle, we expect an upward price rejection.
The targets are listed on the chart.
Closing a daily candle below 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