Technical analysis by BiTBingo about Symbol ETH: Sell recommendation (8/27/2024)
https://sahmeto.com/message/2569429

BiTBingo
Rank: 13726
Analytical Power:
1.5

Hi guys We are at the bottom of the upward channel. On the other hand, the amount of Ethereum in the centralized exchange has reached the lowest historical level. It seems that investors are not sellers at these rates. In the four-hour time frame, it seems that with the consumption of the $2408.3 support area, we can expect a downward trend similar to the scenario from the specified resistance range. On the daily time frame, according to maintaining the support area and ascending channel, provided that the ascending trend line is maintained, the price area of $2250 can be attractive for buying. what do you think?So far everything has gone according to analysis
Translated from: English
Show Original Message
Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$2,579.59