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Technical analysis by TheFxAce about Symbol ETH: Sell recommendation (11/10/2022)

https://sahmeto.com/message/2741763
TheFxAce
TheFxAce
Rank: 23363
1.4
Sell،Technical،TheFxAce

Taking a quick look at the Monthly and Weekly charts looks like price is targeting this years low at $900 will be very interesting to see what happens at this level because if we get a clean break here then there is nothing really stopping it dropping down to $400 as this is where a nice Monthly DEMAND/BUY zone is located. This area is actually were the huge move up to the ATH's originated and will likely draw a lot of demand. For now will see what happens at the $900 level it's going to be interesting to watch. A big flash crash down to these levels cannot be ruled out, the calm before the storm?? lol

Translated from: English
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Signal Type: Sell
Time Frame:
1 week
Price at Publish Time:
$1,165.41
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