Technical analysis by SeoVereign about Symbol ETH: Sell recommendation (5 hour ago)
https://sahmeto.com/message/3808750

SeoVereign
Rank: 318
Analytical Power:
3.1
:Sell
Price at Publish Time:
$4,324.44

The key basis for presenting a bearish perspective in this idea is that the Crab pattern, one of the harmonic patterns, has been fully confirmed. For clearer verification, I have directly plotted the relevant section on the chart for your reference. For reference, the Crab pattern is an extended harmonic pattern with high volatility, typically forming point D at the 1.618 level relative to the XA wave, and is characterized by a strong reversal movement thereafter. Due to these characteristics, it is evaluated as a highly reliable pattern within the Potential Reversal Zone (PRZ). Accordingly, the average target price is set around 4,135.40 USDT. Additional briefings will continue to be updated in this idea as the chart develops.
Source Message: TradingView