Technical analysis by RamziAbouAbdallah-CMT about Symbol ETH: Buy recommendation (4/15/2023)

• Long term descending channel was broken back in March • We had several breakouts before that were proven to be fake, is this one going to be a long lasting one ? Or it is just another fake breakout that is going to fade and trade back into the descending channel ? • We have a bullish crossover between the 50 and 200 Moving Averages • We have a symmetrical triangle breakout, which targets a 1200$ move as per the measurement method • Breakout point: 1700 + 1200 = 2900$ • Next resistance is 2170 followed by 2300 and 3300