Technical analysis by peterbokma about Symbol ETH: Sell recommendation (5/14/2025)
https://sahmeto.com/message/3511692

peterbokma
Rank: 866
Analytical Power:
2.5
ETHUSD-SELL strategy 6 hourly chart
Sell
Price at Publish Time:
$2,679.66

We have had minor corrections, and like a bullet train moving beyond the previous highs. Its very overbought on all time frames, and we apply wave analysis (estimated) we may understand that a correction is overdue as well. The A corrective wave may be somehwre 2,350 area. Overall I still see $ 2,100 zone to be reached over time.Strategy SELL current $ 2,650 - 2,700 and take profit first near $ 2,375 area.we have reached the target area.
Source Message: TradingView