Technical analysis by farisalraisi about Symbol ETH: Buy recommendation (6/27/2022)
https://sahmeto.com/message/2711371

farisalraisi
Rank: 4505
Analytical Power:
1.8

A clear descending broadening wedge pattern is playing out. This is a bullish trend (at least on the micro level), with confirmation already triggered through an upward breakout of trend. Now price is at consolidation (recharging) stage with resistance level already broken once. Same trend is going on with BTC.
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Signal Type: Buy
Time Frame:
4 hoursPrice at Publish Time:
$1,198.49