Technical analysis by thecryptochart about Symbol ETH: Buy recommendation (4/15/2025)

Ethereum is forming an ascending triangle and is about to break up. Ascending triangles are high probability patterns. They have set targets and are easy to figure out the stop loss. The stochastic has just traded down and is ready to bounce. RSI is above 50 so buyers are in control. The current price is 1641. Target 1 is 2000 which is 20% with no leverage. You need a stop loss at 1550.