Technical analysis by DeadCatBounceHouse about Symbol ETH: Buy recommendation (1/18/2025)
https://sahmeto.com/message/3175736
DeadCatBounceHouse
Rank: 30071
Analytical Power:
1.0

Eth may retake 4k if we break out of this asymmetrical triangle. IF we break the upper trend line we should see a quick pump to 4k. this has a statistical probability of 70%. We are currently in an accumulation zone and the big resistance to beat will be a distribution/ resistance at 4k. If 4k turns to support we go to 7k on a large cup and handle.
Translated from: English
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Signal Type: Buy
Time Frame:
1 dayProfit Target:
$7,000First Support:
$3,207.74First Resistance:
$4,000Price at Publish Time:
$3,255.72