#EthereumFuture $ETH
#EthereumFuture ETHEREUM is getting ready for a major breakout (12H)
$ETH
1,772.96
+0.23%
ETHUSDT
1,770.15
+0.09%
This analysis is an update of the analysis you see in the "Related publications" section
The red zone represents a supply area based on the Philip strategy. It’s possible that the price might not be able to break through this zone on the first attempt. If the price gets rejected, the lower green box will be a re-entry opportunity for those who missed the move.
Let’s closely monitor this chart and see how it plays out.
A daily candle closing below the invalidation level will invalidate this analysis. invalidation level : 1198$
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.
