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Technical analysis by bit_general about Symbol ETH: Sell recommendation (8/13/2023)

https://sahmeto.com/message/234781
bit_general
bit_general
Rank: 6726
1.6
Sell،Technical،bit_general

ETH losing some LTF MA, not showing much volume on dipspotential for breaskdown to lower support/liquidity.TP1 @ £1778.Tight SL as if we see a reclaim of MAs, likely to see a push up to nearest HTF resistance.lately found front running a level by $1-2 achieves more fills. TP1 hit, looking for a bounce now, potentially back to MA but volume not giving loads of confidence. If this level is lost, potential T2 is daily liquidity at $1750.TP2 HIT. More volume so look for mean reversion - but, Any further weakness and we could see $1620 for TP3TP3 All targets hit. complete lack of engagement on this trade - am i doing something wrong??

Translated from: English
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Signal Type: Sell
Price at Publish Time:
$1,846.71
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