Technical analysis by PouyanTradeFX about Symbol ETH: Sell recommendation (4/5/2025)
https://sahmeto.com/message/3389438

PouyanTradeFX
Rank: 1851
Analytical Power:
2.1
ETHUSD - ANALYSIS
Sell
Price at Publish Time:
$1,787.62

👀 Observation:Hello, everyone! I hope you're doing well. I’d like to share my analysis of ETH-USD with you.Looking at the ETH-USD chart, I expect the price to decrease to 1,658.33. After reaching this level, I anticipate a period of consolidation and range-bound price action. Once the range is broken in a lower timeframe, I expect a bullish trend to begin, with a target of 2,920.📉 Expectation:Bearish Scenario: Drop to 1,658.33, followed by consolidation and range breaks in a lower timeframe.Bullish Scenario: Once the range breaks, the price will start moving up toward 2,920.💡 Key Levels to Watch:Support: 1,658.33Resistance: 2,920💬 What’s your outlook on ETH this week? Let me know your thoughts in the comments!Trade safetarget touch
Source Message: TradingView