Technical analysis by andre_007 about Symbol ETH: Buy recommendation (9/29/2023)
https://sahmeto.com/message/242811
andre_007
Rank: 7266
Analytical Power:
1.5
🔍Here we are looking at the price indexed to 100.🟢We have a descending rising wedge, with a bullish divergence: price falling, with the SMI (Stochastic Momentum Index) of the PVT (Price Volume Trend) rising.🔴Could price revisit the 0.5 Fibo retracement in the final breather?It could, but I think it's unlikely.In any case, I traced this possibility using the white line.🟢Furthermore, we have other divergences, if we consider the TOTALDEFI index:
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