Technical Analysis - ETH 03/31/25
ETH/USDT — The Breath Before the Rise or the Last Sigh?
1. Elliott Waves – The Cycle of Drama
ETH seems to be closing wave 4 of correction. The question is: will it rise as the hero of Wave 5 up or will it still cry a bit more first? If it rejects the $1820 region again, hold on because Wave 5 down could come to $1720. But if it breaks… then my friend, hold on to the rocket.
2. Volume Profile – Where the market gods put their money
The region between $1760 and $1800 is becoming a noble battle area. There’s a lot of volume there — a sign that the big players are positioning themselves. If it loses this range, the hole could be deeper. If it breaks, let’s go.
3. RSI and MACD – The emotional thermometer
RSI? Rising slowly, trying to break the 50 barrier. If it passes, it’s a sign that buyers are back in the fight.
MACD? It’s giving that wink of “maybe a crossover will happen.” If it crosses and the histogram points up, there will be people entering strongly.
4. Bollinger Bands – The compressed spring
The bands are tight, like skinny jeans at a barbecue. This means: strong movement is coming. Up or down? The market will choose. We just need to be ready.
5. Fibo – The magic ruler of the wizards
If ETH firmly breaks $1820, the targets are very clear:
$1880 (0.382 of Fibo)
$1920 (0.5 Fibo)
$2000+ (psychological and technical zone)
Summary of Aegon’s war:
Above $1820 with volume = takeoff permission
Below $1760 = beware, a hit may come
Region of $1780–$1800 = minefield of decisions
If you’re thinking of entering, don’t be the guy who buys at the top of wave 4 and takes a hit on 5. Wait for confirmation, enter with faith and a well-placed SL. Here it's technique and patience — it’s not a casino.