Technical analysis by Balaclava_Crypto about Symbol ETH: Buy recommendation (4/14/2025)
https://sahmeto.com/message/3414432

Balaclava_Crypto
Rank: 597
Analytical Power:
3.0

We're looking at a classic ascending triangle setup on ETH. Price has tapped the resistance zone around $1676 three times already — the next attempt could lead to a breakout. Market structure is clean: higher lows with strong bullish momentum squeezing price toward the horizontal resistance.This pattern usually ends with a strong impulse up, and considering the overall sentiment, this could be the beginning of a new local rally.Entry: $1630-1650SL: $1582TP: $1820Risk/Reward: 4.0More thoughts in my profile @93balaclavaPersonally I trade on a platform that offers low fees and strong execution. DM me if you're interested.
Translated from: English
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Signal Type: Buy
Time Frame:
1 hourProfit Target:
$1,820Stop Loss Price
$1,582Price at Publish Time:
$1,651.87