Technical analysis by ForexOptimizer about Symbol ETH: Buy recommendation (3/24/2025)

Ethereum (ETHUSD) has completed a textbook bullish Quasimodo pattern in confluence with an Inverse Head & Shoulders (iH&S) on the 15-minute timeframe. Price has broken out with strong bullish momentum, and the structure suggests more upside ahead.📊 Technical Breakdown1. Quasimodo PatternA well-defined Quasimodo reversal formed at the swing low, providing early signs of a bullish trend shift.This pattern combines a higher low and reclaimed structure—offering an excellent base for trend continuation.2. Inverse Head & ShouldersLeft Shoulder, Head, and Right Shoulder clearly structured with neckline breakout confirmed.Breakout above neckline resulted in a 5.38% rally into minor resistance.3. Bull Flag FormationA short consolidation just below the recent highs resembles a bull flag, typically a continuation signal.Breakout from the flag would trigger the next leg toward the final target.🎯 TargetsMinimum Target: 2,121.41 — aligns with neckline projection.Final Target: 2,229.90 — 6.27% projected move based on iH&S measured move.📌 Trade IdeaEntry Zone: On bull flag breakout above 2,093Stop Loss: Below 2,060 (flag low support)TP1: 2,121TP2: 2,229🔎 Key ConfluencesPattern Breakouts ✅Strong Momentum ✅Clean Structure & Price Geometry ✅ETH bulls have reclaimed short-term control. If momentum sustains, the upside targets are well within reach.