Technical analysis by FXOnTop about Symbol ETH: Buy recommendation (3/22/2025)
https://sahmeto.com/message/3371359

FXOnTop
Rank: 1439
Analytical Power:
2.6

Hi Traders ! Ethereum on the 1H chart has been trading within a descending channel and is now testing the upper boundary. I’ve placed a long entry expecting a breakout, targeting the $2,061 - $2,070 zone. Stop-loss set in case of a false breakout. RSI is showing signs of recovery. Let’s see how it plays out! 🔥👀 Disclaimer: This is not financial advice. Trade at your own risk. 🚨
Translated from: English
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Signal Type: Buy
Time Frame:
1 hourProfit Target:
$2,070Stop Loss Price
$1,909.2Price at Publish Time:
$1,980.7