Technical analysis by MrBrunoBang-Christensen about Symbol ETH: Buy recommendation (1/31/2022)

My analysis reflects a positive fluctuation (target 3411.55). The analysis consists of these 5 different levels. A support level (fluctuation level) of 2318.24, support level 2929.56 and a stronger support level of 2159.71 A resistance level of 3411.55 and a target of 2721.79 I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines have been due to the fact that bitcoin has been through a hefty hardship, which has led to an all-coin crash. I do not think we have reached a bottom, but a position at one of these support levels can ensure a positive return when the crypto market turns around.