Technical analysis by DaveBrascoFX about Symbol ETH: Buy recommendation (3/29/2025)

DaveBrascoFX

Very hard week for ETHEREUM: In my opinion eth has a good chance at this level to climb higher It has nearly brokeen every possible support,but nobuilding signs of deivergences. The strategy is short term Never the less ,Trump´s policy is not good nor for crypto neither for other markets. And thereforwe should think only in short term,taking chances. On monday /tuesdays positive ton of the white house,on wed/ to Friday aggressive tons,at the weekend then again taming tone of the white house. This will accompany us until 2029. Ofcourse it wont be easy.For no one. Therefor i make 5-10 different strategies,different apporches. In case the profit targets hit,then its is ok.If not I immediately cut the positions. STop is below themajor support. If that level breaks,ETH will potentially fall to 1100-1250. Idont hope,that it happens.But these days,I expect always the unexpected.You may do this,too. Position sizing: depends on your risk appetite. I would use stops in any case....Good luck