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Technical analysis by OguzKaDRi about Symbol ETH: Buy recommendation (7/22/2025)

https://sahmeto.com/message/3671814
OguzKaDRi
OguzKaDRi
Rank: 34811
0.9

ALTCOIN BOĞASINA AZ KALDI!

:Buy
Price at Publish Time:
$3,747.2
Buy،Technical،OguzKaDRi

Ethereum has reached the critical resistance block from the 2021 summit in the weekly view. This region has worked as a strong sales area in the past. Now the overcoming of this area, Altcoin Season (alt Taurus) It can be a starting signal for. 📌 My observations : The price structure has come into contact with this resistance zone again. RSI is based on 69 weekly. Closes above 70 can create acceleration. SMA50 & SMA200 indicators are positive with the price. The recovery process after the previous Bear signals seems to be completed. 🎯 My expectation : If Ethereum makes weekly closing on this block, the new ACS may trigger the start of upward movements not only for ETH, but also for many major subcoins. 📈 Block, trend and RSI signals on the graph support potential breakage. - 🧠 It is not an investment advice.

Translated from: Turkish|
Source Message: TradingView
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