Technical analysis by atakansaydam about Symbol ETH on 12/9/2024

Friends, Etherium has been rising in the rising channel formed in the 4-hour chart for a long time. The general expectation of the market is that money will enter Ethereum and the bull market will become increasingly stronger with the new ATH. If the reaction from the bottom region seen in the chart now takes us up and the formed channel breaks upwards, Etherium will make the movements we want very hard. On the other hand, if the formed channel breaks downwards, I believe that it is necessary to exit the market. Good luck to everyone…