Technical analysis by Cip-Quant about Symbol ETH: Buy recommendation (7/31/2023)

Ethereum is Breaking Through the Down Trend Line Based on Ethereum's 4h chart, the downtrend line is broken and let's see if this breakthrough can be held steadily. Moreover, for the 1-day chart, let's see if MACD can form a golden cross in later days. Furthermore, Based on Fib Retracement, ETH is now steadily held around the 0.236 range, let's see if it can be successfully held.