Technical analysis by FiveCircles about Symbol ETH: Buy recommendation (8/31/2025)
https://sahmeto.com/message/3745303

FiveCircles
Rank: 4568
Analytical Power:
1.7
ETHUSD holds support & breaks out
:Buy
Price at Publish Time:
$4,471.4

📊 ETHUSD – Daily Timeframe Update ETHUSD had formed a descending broadening pattern, which has already broken out. Price is now retesting the support zone at 3600–3700. From its last leg, ETHUSD is moving inside an ascending parallel channel. Within this channel, it shows range-bound action near the 3650–3700 support zone. If ETHUSD dips again and sustains above 3650–3700, it may provide a strong long opportunity. Thank You !!
Source Message: TradingView