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Technical analysis by SwagTrading about Symbol ETH: Buy recommendation (7/27/2024)

https://sahmeto.com/message/2495768
SwagTrading
SwagTrading
Rank: 15436
1.5

ETHUSD - ETF greenlight retracement. Opportunity to buy

Buy
Price at Publish Time:
$3,246.58
Profit Target:
(+23.21%)$4,000
Buy،Technical،SwagTrading

Eth price dropped as ETFs came online. This is same as bitcoin ETF, prices will most likely drop until the point ETF fund managers decide it's a good spot to put big chunks of their client's money in. Techinically speaking the bottom side of the current price range would be ideal. Expectation is for price to either continue fluctuating within this range or bounce right up in the near future. Good luck.

Source Message: TradingView
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