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Technical analysis by DesharedPierreJr. about Symbol ETH: Buy recommendation (6/5/2023)

https://sahmeto.com/message/223295
DesharedPierreJr.
DesharedPierreJr.
Rank: 8494
1.5

Ethereum testing a very strong support

:Buy
Price at Publish Time:
$1,802.55
Buy،Technical،DesharedPierreJr.

Ethereum testing a very strong support Ethereum has some big swings intraday but multiple timeframe analysis suggests its not mere noise. Price is testing a weekly bullish reversal pattern. Its best to be patient and allow this minor downtrend to cease and form a newfound support level. If an uptrend begins at these lows, Targets could be steep considering where the potential neckline is if a double bottom is to form on the daily.

Source Message: TradingView
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