ETHUSDT ETHUSD Unfortunately, two previous price trends were met with emotional market movements and caused an error in price forecasting. From now on, I will try to include risk-free levels in the analysis as well. Currently, the price has reached exactly the level we specified in the previous two analyzes. (Level 1761-1762) The downward expectations formed in the price are quite evident. Of course, the price may move up a little and then go down, in which case you can enter the position in two stages. But these expectations can change with bitcoin movements. Now the price can make the floor a little lower.
The first target is the price of the important range (1761-1762) and the second target is the range (1735-1704).
The optimal stop of this analysis is above the 1974 price.
The optimal entry point can be in the range below 1828.
Suitable take profit is also in the range of 1735-1762. (or lower, depending on your risk)
If the price reaches the first target(1761-1762) you can risk-free your position.