Technical analysis by RSI_Trading_Concepts about Symbol ETH: Buy recommendation (1/24/2025)

https://sahmeto.com/message/3196195

Ethereum pending breakout

Buy

Price at Publish Time:

$3,392.36

Profit Target:

(+9.07%)$3,700

Stop Loss Price:

(-5.67%)$3,200

https://www.tradingview.com/x/iIQFI6oK/ All eyes are on Ethereum for a potential breakout. Forming a base in the green zone indicates a bullish divergence. As long as those low remains, stay on ETH for a long. Awaiting a close above the descending trend line and a close above the local lower high marked with a black line on the chart and RSI.

Source Message: TradingView