Daily
100% FREE
ETH
10/24/2025

ETHUSDT

ETH daily analysis 24/10/2025

ETHUSDT_2025-10-25_00-22-48.png
ETHUSDT_2025-10-25_00-22-19.png
  • Trend = bearish
  • Phase = 1
  • Daily high = 4.755,00 $
  • First structure = 4.447,70 $
  • Daily low = 3.435,00 $
  • After printing the B of the ABC-correction, price tried to push higher but did not succeed. The retest even closed lower than the body close of the B. Could this retest be the beginning of an inverse head and shoulder pattern (that why I indicated the neckline and shoulderlevel with a question mark) ? If yes, price could retest the shoulderline.
  • Still take into account that those swing lows haven't been swept yet. It doesn't have to be necessarily straight, can be taken out later.