Technical analysis by makhmikhd about Symbol ETH: Sell recommendation (4/27/2025)

On the daily timeframe, Ethereum is unfolding within the early stages of Wave C, following the completion of a flat correction pattern.The price has completed Wave (i) and appears to be in a corrective Wave (ii) targeting the 0.5–0.618 retracement zones (around $2366 to $2485).Upon completion of Wave (ii), a sharp Wave (iii) decline towards the 1085–754 zone is expected.📈 For a bigger picture, please refer to my Weekly and Monthly Ethereum analyses.#Ethereum #ETH #DailyChart #CryptoAnalysis #TechnicalAnalysis #ElliottWave #CryptoTrading