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Technical analysis by TheAlphaView about Symbol ETH: Buy recommendation (7/16/2025)

https://sahmeto.com/message/3640147
Buy،Technical،TheAlphaView

🕐 Daily Chart Analysis Trend: Clear uptrend. Price is trading well above both the 9 EMA (gold) and 20 EMA (purple), with strong angle and separation. Price Action: ETH is pressing into multi-month highs with no major resistance between here and the $3,350–$3,500 range. Volume: Healthy increase in volume on bullish candles; recent bullish expansion looks organic, not low-volume driven. RSI: At 77.15 — yes, overbought, but in a trending market, this is confirmation, not a sell signal. You want RSI to stay elevated during impulsive legs. 📅 Weekly Chart Analysis Breakout Structure: This is the second full bullish candle after breaking out of a multi-month base ($2,800 range), following an accumulation period. 9 EMA Just Crossed Over 20 EMA: First time since early 2024 — bullish trend confirmation. Volume: Large expansion bar from May shows institutional interest; current bar remains strong and building. RSI: Pushing up to 62.75 — well below overbought, meaning there’s room to run. 🧭 Strategic Trade Plan (Swing Long) ✅ Bias: Long Targeting $3,300–$3,500 with trailing logic to extend if momentum continues. THIS IS NOT FINANCIAL ADVICE. Drinkin Smöökëē Whizkee. Edumacational Purpiz Only!ETH is in the green, but signs of cooling are showing after a strong breakout leg. Now’s the time to tighten the plan: 🔒 Protect gains 💰 Take profits strategically 📉 Consider scale-in — but only if the setup justifies it. Stay Sharp. No chasing.Take Profit Level 1 HITSecond TP 🎯 not reached — Took Profit anyway, letting the rest ride. Eyeing 🩳-term- 🩳 🧠 Tactical Value of That Take-Profit: If price breaks out 🚀 — you're still in the game. If it breaks down 🩻 — you sold strength, not weakness. Stay cool-headed during the chop. 🧊 This is pro rhythm: ⚖️ Scale in on trend acceleration. 🔻 Scale out on exhaustion. 🔄 Leave room for the next move. Stay Sharp. Execute the Plan.Potential consolidation incoming. Closed. Nice Run!

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$3,500
Stop Loss Price
$2,800
Price at Publish Time:
$3,168.05
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