Technical analysis by Ahmadtahirdahiru about Symbol ETH: Buy recommendation (8/9/2023)

ETH is in an overall consolidative phase and ATM near the DTF trendline support and also broke out from a descending channel, looking at the 4HTF we can clearly see some potential for a bullish move as the 4HTF candle that broke out from the channel was a strong momentum candle, Going down to the LTFs ,we can see a bit of consolidation but a break above will be good to validate our bias in which a break otherwise will invalidate the bias also.