Technical analysis by DirectorTradinga about Symbol ETH: Buy recommendation (10/31/2024)

ETHUSDT.POn the chart we can see that the correction I mentioned earlier is underway. The price is now at the Fibonacci level, which could be the reversal point of this movement. Also, the price may go a little lower to gain more volume at the support level. After that a longing pattern will be formed. And the movement will continue towards the strong resistance level and there will be a final denouement. If the price is able to break the resistance level, we will go to take a take, if not, we will have to move the stop. Entry data:Entry: 2580SL: 2468TP: 2952