Technical analysis by racyrace about Symbol ETH: Buy recommendation (7/12/2025)
https://sahmeto.com/message/3628927
Wajani Investments: ETHUSD Analysis
Buy
Price at Publish Time:
$2,941.13
Profit Target:
(+38.45%)$4,072
Stop Loss Price:
(-22.34%)$2,284

ETHUSD has currently formed a triangle with a resistance broken to the upside. In most circumstances, I’ll like to wait for a retest of that resistance, i.e. resistance-becomes support to be sure that the breakout was not false. Once that level is tested and held, I’ll take a trade assuming Leg2 would have a similar move like Leg1. This is a very good trade with a 1:4 RR. If you have any questions, feel free to ask. You can add or subtract from this idea. Remember, trading always carries risks, and this is for EDUCATIONAL PURPOSES only.
Source Message: TradingView