Technical analysis by حسین کمال about Symbol ETH: Buy recommendation (4/12/2024)
https://sahmeto.com/message/1670280

حسین کمال
Rank: 1533
Analytical Power:
2.6

Interest rate cut expectations were delayed and demand for the US dollar increased on Wednesday after the US CPI inflation data came in higher than expected. However, Duncan's اتریوم update and the approaching Bitcoin halving can be considered among the things that have prevented the اتریوم depreciation against the dollar. From a technical point of view, in the chart of Ethereum, the price has crossed the upper level of the symmetric triangle pattern and currently the resistance range of $3700 is in front of the price. If the price passes validly from this Q
Translated from: Farsi
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