From TradingView · · 40s
Ethereum Correction Continues Without Clear Bullish Shift
Ethereum's correction persists as traders wait for price confirmation near key supply zone.
In brief
Ethereum's correction persists as traders wait for price confirmation near key supply zone. Ethereum remains in correction with no clear bullish shift as price approaches critical supply zone. Originally reported by TradingView.
Ethereum Correction Begins
Ethereum's correction started from the red arrow point on the chart.
Corrective Pattern Development
Price shows signs of corrective movement with possible Diametric or Symmetrical pattern.
Supply Zone Significance
Supply zone represents fresh order block that triggered Break of Structure.
Price Confirmation Needed
Sellers will defend supply zone if price reaches it before potential downward move.
The headline
Ethereum remains in correction with no clear bullish shift as price approaches critical supply zone.
