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Technical analysis by SignalProvider about Symbol ETH: Sell recommendation (6/7/2025)

https://sahmeto.com/message/3584135
SignalProvider
SignalProvider
Rank: 51
3.7
Sell،Technical،SignalProvider

Here is our detailed technical review for ETHUSD.Time Frame: 1DCurrent Trend: BearishSentiment: Overbought (based on 7-period RSI)Forecast: BearishThe market is trading around a solid horizontal structure 2,485.23.The above observations make me that the market will inevitably achieve 2,013.51 level.P.SWe determine oversold/overbought condition with RSI indicator.When it drops below 30 - the market is considered to be oversold.When it bounces above 70 - the market is considered to be overbought.Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.Like and subscribe and comment my ideas if you enjoy them!

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$2,487.33
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