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Technical analysis by TradingShot about Symbol ETH: Buy recommendation (5/29/2025)

https://sahmeto.com/message/3562784
TradingShot
TradingShot
Rank: 633
3.0
Buy،Technical،TradingShot

Ethereum (ETHUSD) broke above its 1W MA50 (blue trend-line) this week and will attempt to close the week above it to confirm the official restoration of the long-term bullish trend.Regardless of that, there is another hidden trend-line that may dictate the pace of that potential bullish break-out and is no other than the underlying Pivot trend-line that started on the June 13 2022 market bottom and acted as Higher Lows up until February's Tariff fueled correction.As a result, this is now posing as a Resistance and a break above it should technically deliver rallies similar to the Bullish Legs of 2023 - 2024.Our 4100 Target remains intact.-------------------------------------------------------------------------------** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **-------------------------------------------------------------------------------💸💸💸💸💸💸👇 👇 👇 👇 👇 👇

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 week
Profit Target:
$4,100
Stop Loss Price
$2,637.4
Price at Publish Time:
$2,711.72
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