Technical analysis by c_views about Symbol ETH: Buy recommendation (10/19/2025)

ETH broke through the descending channel boundary we mentioned in the previous post and formed a bullish flag pattern It's also clear that the price bounced off the pattern's upper boundary twice after breaking through, indicating that this boundary has formed a support level Also, according to the wave theory, Elliott wave 3 is currently forming Current price: $3,983 According to the wave theory and the bullish flag pattern, movement is possible to $4,100 , $4,300 and higher is possible... If the price reaches the pattern's upper boundary and enters its boundaries, the movement will continue in the descending channel, at $3,740 and below More detailed analysis, additional charts, and key levels to watch are available on our site