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Technical analysis by Jappie24 about Symbol ETH: Buy recommendation (11/27/2024)

https://sahmeto.com/message/3011571
Jappie24
Jappie24
Rank: 733
2.8
Buy،Technical،Jappie24

Hello traders, Still patient for a potential buy set-up. Price-action left an obvious near-miss with the hookpoint and the lowertime frame isn't convincing at all, no signs of bigger players stepping in yet, which may lead to a last drop into the value area. Looking forward how price-action is going to respond at the VA, likely a break and a strong close back into the pattern, which results the last shake-out of early buyers. The VA lines with the .618 FIB (I use this as a guidance for a structure). If this idea commits including the entry, it's likely I can manage this accordingly and the odds are increasing that I can hold it till ATHThe chart is inverted! Trade safe

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Price at Publish Time:
$3,490.82
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