Technical analysis by ratchet-mint about Symbol ETH: Sell recommendation (5/17/2023)
https://sahmeto.com/message/154787

ratchet-mint
Rank: 31513
Analytical Power:
1.2

ETH turns support line into resistance. ETH is throwing some clear signals of more selling to come First Bear flag: ETH made a false breakout below its support and recovered. Second Bear flag: What was once ETHs support line has now become its resistance blocking it from moving higher. Renewed concerns of recession looming over the next year. We should expect more selling to come with ETH. I remember seeing these signals about year ago before the big sell off. This time I am taking action and reducing my exposure to Crypto for now.
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