Technical analysis by fathi323172 about Symbol ETH: Buy recommendation (11/5/2025)

1. Market Context & Current Price Action The chart shows Ethereum (ETH) has experienced a significant move down, hitting a recent swing low around the $3,100 - $3,200 level (the bottom blue horizontal line). Observation: The price appears to be holding this support level and is currently attempting to reverse the short-term downtrend. Indication: The pattern suggests the market may be trying to establish a higher low before a significant move higher. The blue line represents a potential key support level the market has reacted to. 2. The Trading Prediction (Bullish Scenario) The green arrows illustrate a multi-stage bullish continuation to potentially "grab the ATH liquidity." Initial Move (Reversal): The price is predicted to move up from the current level and challenge the first resistance area (the lowest orange line). First Target/Resistance ($3,800 - $3,900): This first orange line represents a significant breakout level or previous swing high where momentum may stall. A break and successful retest of this level as support would confirm the short-term bullish reversal. Second Target/Resistance ($4,200 - $4,300): After consolidating or a small pullback, the price is predicted to move to the second resistance (the middle orange line). This level likely represents a more significant supply zone or prior consolidation high. Ultimate Target (ATH Liquidity): The final, most ambitious target (the top orange line) is aimed at the All-Time High (ATH) liquidity—likely the area around $4,800 - $4,900 or higher. This move would confirm a long-term resumption of the uptrend.