Technical analysis by MoneyButton about Symbol ETH: Sell recommendation (4/17/2025)
https://sahmeto.com/message/3423254

MoneyButton
Rank: 1881
Analytical Power:
2.4

According to Thomas Demark’s method — when b = a, the next target for ETH is around $988.📉 Price broke the ascending support🔻 Wave “a” from $4000 to $2500 has already played out📏 Wave “b” is projected downward — target aligns with a strong historical support zone📊 Weekly RSI is nearing oversold territoryConclusion: The $988 area is critical. A reversal may occur there if selling pressure weakens.Stay sharp.#ETH #Demark #CryptoAnalysis #TechnicalAnalysis #Ethereum
Translated from: English
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Signal Type: Sell
Time Frame:
1 weekPrice at Publish Time:
$1,587.83