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
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The wave count of large time frames in the previous analysis is still valid.
But recently we have had a bullish iCH on the chart and the trigger line has also been broken.
We have signs that show that Ethereum does not want to reach low ranges.
Ethereum can move towards TPs with the specified demand.
TPs are marked on the picture.
Closing a daily candle below the invalidation level will violate the analysis
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