Technical analysis by Trade-U-Metta about Symbol ETH: Buy recommendation (9/8/2025)

Trade-U-Metta
ETHUSDT - UniverseMetta - Analysis

#ETHUSDT - UniverseMetta - Analysis Potential trend continuation – focus on Wave 5 📆 W1 – Weekly Timeframe 🔹 Price has broken above and confirmed support at a key level 🔹 A retest of the breakout level may precede the launch of a new Wave 5 in the uptrend 🔹 Alternatively, a deeper ABC correction could develop before continuation 📉 D1 – Daily Timeframe 🔹 A symmetrical triangle has formed and price has broken above the trendline 🔹 This may mark the beginning of a new impulse within an ABC structure 🎯 Short-term upside targets for a breakout: • $4,782 • $4,964 ⏳ H4 – 4H Timeframe 🔹 A potential Wave 3 to the upside is forming 🔹 Entry confirmation comes after price breaks above the 1st wave high and holds above the trendline 🔹 Stop-loss placed below the low of Wave 1 🎯 Trade Setup: #ETHUSDT #BUY Entry: 4,452.98 Take Profits (TP): • 4,782.58 • 5,098.05 • 5,428.12 • 6,183.11 Stop Loss: 4,200.47 ‼️ Total risk should not exceed 1–3% of your portfolio This signal/idea is not investment advice Always conduct your own analysis before entering the market