Technical analysis by sipahioglu about Symbol ETH: Buy recommendation (3/19/2025)
https://sahmeto.com/message/3362576

sipahioglu
Rank: 32266
Analytical Power:
1.3
ETH is preparing to get out of range and pull a face-melter
:Buy
Price at Publish Time:
$1,937.94
Profit Target:
(+8.88%)$2,110
Stop Loss Price:
(+3.20%)$2,000

ETH might finally be getting ready to break out of that range we've been trading in since it broke down $2000 level. If the selling pressure eases with the news coming in, and we don't see a massive whale shorting, putting downward pressure yet again, ETH might ultimately have a chance to break out to the upside and reclaim the psychological $2000 level. The rest will be better if we get some momentum afterwards.Stay hard, stay alert.
Source Message: TradingView