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Technical analysis by Crypto_Watch15 about Symbol ETH on 4/17/2025

https://sahmeto.com/message/3424035
Crypto_Watch15
Crypto_Watch15
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ETH Short Trade: After the break of ETH uptrend structure, topping at 1693 and making a local low at 1539, I would expect Eth to accumulate up to its supply zone at 1644 (Eth Short Entry Zone) before falling back down to 1537 (ETH Short TP Zone).ETH Long Trade: Looking at the previous lows, ETH has made two lows, 1st low at 1411, 2nd low at 1485, I would be expecting ETH to make another low at 1415 (ETH Long Entry) accomplishing the 3 Tap Pattern - Head & Shoulder. After this 3-Tap move is successfully completed, ETH should accumulate up to 1687 - 1753 (ETH Long TP Zone).

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Signal Type: Neutral
Time Frame:
1 hour
Price at Publish Time:
$1,598.65
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