Technical analysis by Ali_zaza about Symbol ETH: Buy recommendation (12/12/2024)

The process of motion shown in the orange chart is dedicated to bitcoin. Given the price correlation between اتریوم and Bitcoin, and now اتریوم there is a bitcoin price growth and two scenarios are likely: 1-Reduce bitcoin price to اتریوم and re-correlate 2. Increase the price of اتریوم until re-correlation with bitcoin. Scenario # 2 is more logical. (This analysis is merely a personal perspective and is not a bid of buying or selling at all.) (Please be careful about doing your transactions.)