Technical analysis by Bixley about Symbol ETH: Buy recommendation (3/12/2025)

https://sahmeto.com/message/3329895

Ethereum - Bottom Test

:Buy

Price at Publish Time:

$1,909.08

Profit Target:

(-0.69%)$1,896

Stop Loss Price:

(-0.74%)$1,895

Ethereum is attempting to find a bottom before attempting its next leg of the bull runThis touch is shown along the yellow dotted line which I have shown in the green circlesBulls will have there day when this line is testedThis also aligns with the 0.618 fibWeekly timeframe

Source Message: TradingView