Technical analysis by Mikkel99 about Symbol ETH: Buy recommendation (11/20/2023)

Ethereum (ETH) struggles to get past its resistance at around 2100$, but keeps setting higher lows, forming whats called a 'bullish ascending triangle'. I believe ETH might follow the current correction happening to alt coins and drop down to the bottom of the trend line around 1650$. If this holds and ETH breaks the resistance at 2100$, there is a good chance we get a run up of around 60%, if not more. I am looking to enter at the 1650$ level and my first target will be at 2700$, as can be seen in the graph. Always remember, do your own research before making investments.