Technical analysis by captanoflu about Symbol ETH: Buy recommendation (2/16/2025)

Ethereum (ETH/USDT) Technical Analysis and Future Projection and Trend Structure In a long-term perspective, the price graph has been examined on a long-term perspective, and let's look at certain trendic channels and resistance-loving levels. Let's examine the following basic elements on the graph. The price of the rising trend is seen to move in a highly rising channel since 2020. Yellow and gray shades of the channel alt band, the price of the price of strong support, while the upper band determines the resistance levels. When the last price movements are examined, Ethereum is traded in the middle region of the rising canal and is trying to make a movement movement from here. 2. Long -term resistance and support level levels: • Strong support zone for 2,000 - 2,600 USD: Ethereum. The price may move upward after consolidating in this region • 3,774 USD: It is set as a medium -term resistance level. If the price exceeds here, the rise can be accelerated • 5,000 USD: The targeted long -term resistance level appears to be.Ethereum'un acting in this channel by first test the level of 3.774 USD and then by making upward breaks can be expected to reach 5,000 USD levels. . Taurus Scenario: If Ethereum continues its movement in the existing channel and exceeds the USD level of 3,774, the upward trend can gain speed. In this scenario, it is possible to test the level of 5,000 USD in 2025-2026. Bear Scenario: If Ethereum breaks support levels, a withdrawal may be experienced to 2,000 USD levels. However, since the long -term rising channel will support this place, it is likely to recover again. Moreover, the bear season cannot be said during this process. As a result, Ethereum's long -term rise tendency continues. However, the price must first exceed the 3,774 USD resistance. If this level is broken, the target of 5,000 USD seems to be technically possible. However, it is important to follow the market dynamics of investors, global economic developments and innovations in the Ethereum ecosystem.