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Technical analysis by THE-real-Deal about Symbol ETH: Buy recommendation (8/27/2024)

https://sahmeto.com/message/2569245
THE-real-Deal
THE-real-Deal
Rank: 14531
1.5

Ethereum potential bull wave continuation on monthly candle

Buy
Price at Publish Time:
$2,591.92
Profit Target:
(+92.91%)$5,000
Buy،Technical،THE-real-Deal

Ethereum corrected itself after nearing 4000. 2000 is the newly created base support . If the current bull run continues it will most likely reach 5000 in the long run. It might take quite some time but entering near 2000 area and having stop below 2000 would be the safe bet. The monthly wave indicator is still in the bull run zone and it has not confirmed the bull run is over .

Source Message: TradingView
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