Technical analysis by makhmikhd about Symbol ETH: Sell recommendation (4/27/2025)
https://sahmeto.com/message/3454637

On the weekly chart, Ethereum appears to have completed a corrective Wave B inside the larger flat structure.We are now monitoring the beginning stages of Wave C downward, following the major B top.Immediate resistance levels are seen around $2366 and $2485 zones (0.5 and 0.618 retracement).Key support is aligned with the $1085 level as the first major zone.📈 For a broader context, please refer to my Monthly Ethereum analysis.📉 For more tactical short-term entries, check my Daily Ethereum analysis.#Ethereum #ETH #WeeklyChart #TechnicalAnalysis #ElliottWave #CryptoTrading #BearishScenario
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Signal Type: Sell
Time Frame:
1 weekPrice at Publish Time:
$1,805.93