Technical analysis by BlackSheepFinancial about Symbol ETH: Buy recommendation (9/22/2024)

ETH retested the .618 Fibonacci retracement and looks like it is ready to continue its uptrend towards ATH. It previously double topped and rejected the $4000 area. I think it will make its way back to that $4000 price point within the next few weeks. If we successfully break and retest that zone, ETH could break as high as $6000+. I believe BTC will rally into the end of the year, which will also bring up the entire crypto market.Entry 2534