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Technical analysis by lauralea about Symbol ETH: Sell recommendation (6/26/2022)

https://sahmeto.com/message/2687445
lauralea
lauralea
Rank: 8071
1.6
Sell،Technical،lauralea

Price is below the neckline.Flag like structure trying to form at the end of the last leg down. A flag, if it is indeed a flag, is a neutral pattern unless a trendline is broken with a trend in that direction.I suppose a lot depends on the market this week.Target 1 has been met. This level could act as future resistance.No pocket pivot (footprint) noted at bottom of last leg down..Looks like a longer term short with rallies on the way to it's final destination.No recommendation.One thorn of experience is worth a wilderness of warnings.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$1,218.66
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