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Technical analysis by Stoic-Trader about Symbol ETH on 8/23/2025

https://sahmeto.com/message/3730958
Stoic-Trader
Stoic-Trader
Rank: 102
3.6
،Technical،Stoic-Trader

> Wave structure: ETH appears to be completing black wave (3), with signs pointing to an imminent wave (4) corrective move. > RSI warning: Bearish RSI divergence suggests weakening momentum—typical before a wave (4) pullback. > Wave (4) target zone: Correction likely into $3,800–$4,000, aligning with previous structure and acting as a potential accumulation zone. > Strategy: Wait for a pullback into the blue zone to accumulate on weakness, aiming for a breakout toward black wave (5).

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$4,717.39
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