Ethereum, Testing Remaining Zones, Upcoming Scenarios!

Hi,

Welcome to this analysis about Ethereum, we are looking at the daily timeframe perspectives. As when looking at my chart we can watch there Ethereum build this massive ascending-channel-formation with the accumulational and distributional ranges recently pulling back heavily from the distributional range after moving a second time into it. Now Ethereum has some good further supports given in the accumulational range ahead however it is highly important to bounce from there and in this case, mark the origin of the wave D otherwise when this does not happen and Ethereum closing below this will lead to increased bearish pressure to the downside and exaggeration as well as protraction of bearishness with bullish invalidation.

In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
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