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Technical analysis by theeonlydave about Symbol ETH: Buy recommendation (8/16/2025)

https://sahmeto.com/message/3711191
theeonlydave
theeonlydave
Rank: 1258
2.6
Buy،Technical،theeonlydave

ETH has being moving upwards, had a retest and its currently forming a structure that it similar to a W formation on the support level. A BUY would be ideal after the closing of the current candle and at the price level of 4435.65 and your take profit at 5025.52. If the current candle doesnt close bullish then you leave it and wait for another opportunity.

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Valid Until:
10 Day
Profit Target:
$5,025.52
Price at Publish Time:
$4,392.66
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