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

MoneyButton
Rank: 5357
Analytical Power:
1.6
ETH is falling per Demark’s technical analysis: Target at $988?
:Sell
Price at Publish Time:
$1,587.83

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 territory Conclusion: The $988 area is critical. A reversal may occur there if selling pressure weakens. Stay sharp. #ETH #Demark #CryptoAnalysis #TechnicalAnalysis #Ethereum
Source Message: TradingView