Technical analysis by MrHenryFx about Symbol ETH: Sell recommendation (3/8/2025)

This analysis dissects a 4-hour Ethereum chart highlighting key bearish patterns including an inverted cup & handle formation and a double top. The chart reveals a critical support level that, once broken, signals a potential drop toward the $1,960 target. Emphasizing multiple support tests, volume confirmation, and a possible retest of the new resistance, this detailed technical overview serves as a comprehensive guide for traders to gauge market sentiment and manage risk effectively.NOTEWrite a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!Congratulations Target Reached successfully