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Technical analysis by gouthamkulal1 about Symbol ETH: Buy recommendation (5/23/2025)

https://sahmeto.com/message/3541584
gouthamkulal1
gouthamkulal1
Rank: 283
3.1
Buy،Technical،gouthamkulal1

Eth is possibly retracing to the fib 0.618 which is at 2121 before it will make new highs. Hence there is a strong support zone at the level. bullish indications: Trend line resistance is broken. HHHL. Bearish indications: Bearish divergence . Forming double top formation as the retracement. Resistance is respected at 2731

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$2,731
Stop Loss Price
$2,121
Price at Publish Time:
$2,557.46
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