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Technical analysis by discobiscuit about Symbol ETH: Sell recommendation (1/11/2025)

https://sahmeto.com/message/3157590
discobiscuit
discobiscuit
Rank: 25318
1.0
Sell،Technical،discobiscuit

Technical analysis of ETHUSD.Bearish count sees large regular flat from ATH, pitchfork drawn from ATH, A, and B.C wave would be in its wave 3, with target ~2000.Wave 2 was a zigzag with Elliott Triangle wave b. Wave c of 2 tagged .618 fib drawn from B at 4104.56 to end of wave 1 of C.Smaller pitchfork drawn from B, 1, and 2; convergence with larger pitchfork below A at 880.03, which is where this analysis suggests price is going.

Translated from: English
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Signal Type: Sell
Time Frame:
12 ساعت
Profit Target:
$880
Price at Publish Time:
$3,273.3
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