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Technical analysis by basictradingtv about Symbol ETH: Buy recommendation (8/1/2025)

https://sahmeto.com/message/3675819
basictradingtv
basictradingtv
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🔬Ethereum ( ETHUSD ) trades at a key breakout level: 🔎Analysis summary: Ethereum - after consolidating for the past four years - is once again retesting the previous all time high. And before we will witness another bearish rejection, Ethereum has the chance to finally break out of the long term triangle pattern. It's time for us to start praying. 📝Levels to watch: $4.000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🔬Ethereum ( ETHUSD ) breaks out now: 🔎Analysis summary: As we are speaking, Ethereum could create history with a new all time high breakout. After an incredible rally of more than +200%, Ethereum is now retesting the previous highs. If momentum remains strong, we will witness a breakout soon. 📝Levels to watch: $4.000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION🔬Ethereum ( ETHUSD ) has to break structure: 🔎Analysis summary: It literally all just comes down to Ethereum breaking out now. Yes, we are witnessing an overall rejection at the moment but the trend remains bullish. Therefore Ethereum is still preparing for a breakout, followed by new all time highs. 📝Levels to watch: $4.000 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Translated from: English
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Signal Type: Buy
Time Frame:
1 month
Price at Publish Time:
$3,571.88
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