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Technical analysis by Kat-Crypto-Street1 about Symbol ETH: Buy recommendation (7/9/2024)

https://sahmeto.com/message/2212216
Kat-Crypto-Street1
Kat-Crypto-Street1
Rank: 12780
1.5
Buy،Technical،Kat-Crypto-Street1

Ethereum has retested its local support at $2,800, creating a double bottom pattern, which indicates a possible bullish trend. There's a significant chance for upward momentum from this support level. Price Targets:First target: $3,150If momentum continues, expect resistance around $3,250.Stay tuned for more updates and insights!

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$3,150
Stop Loss Price
$2,786
First Resistance:
$3,250
Price at Publish Time:
$3,054.15
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