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Technical analysis by TheSignalyst about Symbol ETH: Buy recommendation (5/14/2025)

https://sahmeto.com/message/3514549
TheSignalyst
TheSignalyst
Rank: 775
2.9
Buy،Technical،TheSignalyst

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.📈This week, ETH has been in a correction phase. However it is still overall bullish long-term trading within the rising channel marked in blue.Moreover, the green zone is a strong demand and structure.🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support.📚 As per my trading style:As #ETH retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)📚 Always follow your trading plan regarding entry, risk management, and trade management.Good luck!All Strategies Are Good; If Managed Properly!~Rich

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$2,700
Stop Loss Price
$2,500
Price at Publish Time:
$2,589.01
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