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Technical analysis by koryu about Symbol BTC: Buy recommendation (12/3/2023)

https://sahmeto.com/message/603659
koryu
koryu
Rank: 15418
1.5

eth breakout from asc triangle bottom

:Buy
Price at Publish Time:
$43,406.34
Buy،Technical،koryu

The current ETHUSD weekly is very similar to the BTCUSD daily from the beginning of 2019.It is likely to follow BTC. Fees on ETH are rising, which creates a positive feedback loop as staking revenue increases.also compare with the sol reversalethbtc shows some rebound signalsapproval of btc etfs means higher chance for eth etf approval in may/june. so it's likely that the market will price that in now.BTC Dominance had a bear div and a lower high with rsi bear div trendline rejection, indicating momentum shift towards altcoins. Could form a head and shoulders top next. Watching.

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