Technical analysis by Thewiningtrades000 about Symbol ETH: Buy recommendation (7/23/2025)

A green shaded area called the Ichimoku Cloud (or Kumo), indicating support/resistance zones and trend direction. Price is currently trading above the cloud, suggesting a bullish trend. Two Circled Zones: Blue Circle (left): Shows a local top or resistance area, possibly indicating a failed breakout or reversal. Red Circle (middle): Indicates a consolidation zone or accumulation phase, where price moved sideways. Green Box (right side): Marked with: ENTRY: The price range considered as a potential buying zone. TARGET: The projected upside target for the trade. STOP-LOSS: Implied below the green box, marked in red (around $3,358.22). Upward Arrow and Price Projection: Suggests an anticipated bullish breakout after some consolidation. Support Zone: Highlighted horizontally near the bottom of the consolidation zone, labeled "support". --- 🔹 Price and Time Data: Current Price: ~$3,658.96 (shown in the buy/sell box). Date on Chart: Highlighted around Mon 14 Jul 25 (8:00). Tabs and Tools: Multiple TradingView tabs open, suggesting active monitoring or analysis of other crypto pairs or instruments. --- 🔹 Interpretation: This is a bullish analysis with: A buy/entry zone between ~$3,500–$3,700. A target zone above ~$4,000. A stop-loss zone around ~$3,358. The user appears to be forecasting a continuation of the uptrend, based on technical indicators and past price behavior.