Technical analysis by surapats about Symbol ETH: Sell recommendation (1/22/2022)

ETHUSD has been forming on WTZ2 in downtrend (TF Day). We can measure the target price with Fibo P.261.8% together with Fibo P.200% on another swing set. However, if we see on the larger timeframe (Weekly chart), tunnel line is the same target as those Fibo. P. area. It's possible to continue the downtrend to this target. So, I decide to open short again for ETH and also other crypto coins with this setup due to high expected rewards with limited risks.