Technical analysis by Rashko_Enev about Symbol ETH: Buy recommendation (2/20/2024)

Etherium attempted to catch up with BTC. It will target the upper band of the parallel channel by crossing the EQ region with a god candle. These regions also coincide with the range between 0.618 and 0.786 of the downward wave in the bear market and the liquidity region. After around $3800, there will be a retreat to the $3000 region and from there it will run to new ATHs.