Ethereum - The most important analysis for 2025!

May 16

Ethereum - ETHUSD - is clearly shifting bullish:

(click chart above to see the in depth analysis👆🏻)

After four years of trading, Ethereum is now sitting at the exact same level compared to mid 2021. However, Ethereum has been creating a significant triangle pattern and with the recent bullish price action, a breakout becomes more and more likely. Then, the sky is the limit.

Levels to watch: $4.000

Keep your long term vision!
Philip (BasicTrading)

May 27

Trade active

Ethereum - ETHUSD - is about to break resistance:

(click chart above to see the in depth analysis👆🏻)

Bulls are really starting to take over Ethereum. And it is no surprise at all that over the past couple of days, Ethereum rallied an incredible +50%, perfectly rejecting previous major structure. But now, Ethereum has to break above the current resistance area.

Levels to watch: $4.000

Keep your long term vision!
Philip (BasicTrading)

Jun 3

Trade closed: target reached

Ethereum - ETHUSD - will hopefully break higher now:

(click chart above to see the in depth analysis👆🏻)

Ethereum closed the month of May with an incredibly strong candle. However, this candle still closed below a key horizontal resistance. Therefore Ethereum now has to break above this inflection structure, in order to head for new all time highs again.

Levels to watch: $2.500, $4.000

Keep your long term vision!
Philip (BasicTrading)