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Technical analysis by ThinkMarkets about Symbol ETH: Buy recommendation (5/7/2025)

https://sahmeto.com/message/3489947
ThinkMarkets
ThinkMarkets
Rank: 121
3.3
Buy،Technical،ThinkMarkets

Ethereum and Bitcoin are gearing up for a bullish breakout as sideways price action and rising RSI hint at a bullish shift. Upcoming US deregulation, tax reform, and renewed China-US talks could trigger the next big move, with ETH potentially outperforming BTC.This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.21x risk to reward ratio profit if entered at the breakout, with stop at 1822.49 and exited at the highest price.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$2,015.12
Stop Loss Price
$1,741.99
Price at Publish Time:
$1,833.73
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