Technical analysis by fugasok about Symbol ETH: Buy recommendation (4/7/2025)
fugasok

Finally main goal for correction since december has been reached! ETH hit 1550$.For more detailed idea check this one On 3D timeframe you can see that StochRSI is trending UP, means momentum is building for next move UP.RSI may finish to form a bullish divergence in coming days.Also price hit liquidity zone since oct. 2023. This level has to show us some buy pressure.Next short term target could be 2808$ which is 80% above from current level.2 reasons for this price:200MALiquidity and resistance zone since februaryPrice has finished bear flag Target - 1381$ were touched.SRSI formed strong bullish divergence on 12h timeframe and RSI is trying to reverse. Lets see how new trend is forming.Ethereum almost reached its target of 2808$. Right now price most likely will cool off and starts trading in consolidation. Later in May price could finally reach 2808$ and next market crash will beginIdea is almost finished. 2808$ will be reached until the end of MAY. Then market will face another crash. Be prepared.