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Technical analysis by thesharkke about Symbol ETH: Buy recommendation (5/9/2025)

https://sahmeto.com/message/3494506
thesharkke
thesharkke
Rank: 4156
1.8
Buy،Technical،thesharkke

Hello,The Ethereum coin is a great coin to consider adding to your portfolio. Bitcoin has rallied over the past few days passing above $100K yesterday and looks poised to break the previous high as more money begins flowing in. For those not already invested, we see an opportunity in boarding the Ethereum train as investors who missed the Bitcoin rally are likely to pack their money here.From a technical perspective the coin is still trading at the bottom and is at a great entry point. The target for this coin is $4,400 giving a return over 100% from the current price. The MACD indicator is also heading to 0 crossover further strengthening our view for a solid buy. Don't let this opportunity pass. Ethereum's fundamentals, market dynamics, and technical setup align for a powerful breakout. Act now to position yourself ahead of the curve.Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.

Translated from: English
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Signal Type: Buy
Time Frame:
14 روز
Profit Target:
$4,400
Price at Publish Time:
$2,211.13
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