Technical analysis by Cryptarch_ about Symbol ETH: Buy recommendation (5/8/2025)

https://sahmeto.com/message/3493807

Ethereum: Flight-path idea.

:Buy

Price at Publish Time:

$1,932.01

Profit Target:

(+32.65%)$2,562.86

Stop Loss Price:

(-3.21%)$1,870

$2,149 is a price of significance. Believe that we will see resistance from this price point. Breaks above the downtrend would be Bullish. A bounce off the downtrend AND $2,149 (flipped into support) could present an optimal long entry.

Source Message: TradingView