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Technical analysis by lauralea about Symbol ETH: Sell recommendation (6/13/2022)

https://sahmeto.com/message/2687519
lauralea
lauralea
Rank: 6981

Head and Shoulders/Possible Bounce Soon

Sell
Price at Publish Time:
$1,238.35
Sell،Technical،lauralea

Possible bounce soon. Price is below the bottom Bollinger band and is oversold.Oversold conditions can go on for an extended period of time. There is confluence near the .886 if price goes that low. This level is close to a 100% fall from the H&S pattern.Target 1 to the downside has been passed.No recommendation/Short until bottom is found.

Source Message: TradingView
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