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

https://sahmeto.com/message/3381265
DaveBrascoFX
DaveBrascoFX
Rank: 1715
2.4
Buy،Technical،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

Translated from: English
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Signal Type: Buy
Time Frame:
15 minutes
Profit Target:
$2,100
Stop Loss Price
$1,250
Price at Publish Time:
$1,821.98
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