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Technical analysis by JonnyQ19 about Symbol ETH: Buy recommendation (2/5/2025)

https://sahmeto.com/message/3231315
JonnyQ19
JonnyQ19
Rank: 30026
1.0
Buy،Technical،JonnyQ19

Cup and handle remains in play - the handle is in a nicely predictable downward channel that shows ideal entries for the expected upward launch (eventually) from the cup and handle pattern. Should the price drop below the red support, all bets are off. Traders may find opportunities to scalp within the channel, and HODLers may find this a good opportunity to establish a position. Good luck!

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
First Support:
$2,749.8
First Resistance:
$3,105.29
Price at Publish Time:
$2,746.46
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