Technical analysis by ReillyNaughton about Symbol ETH: Sell recommendation (11/17/2025)

Every single time during it's lifetime, when Eth has closed a daily candle below it's 100 week MA, it has substantially declined. Eth may close a daily candle below today or very soon. The MA is currently at $3,065. The declines have been decaying, which gives us a probable 38% drop, which would put the target at $1,899. Every time that this has happened, eth has failed to close a daily candle above the MA after closing below it. Enter trade at daily closure below $3,065. Trade invalidated if we close above the MA on the daily. Take profit at $1,899, and on the way down.Trade active. Just sold all my alts and opened a short. See ya'll at the bottom!Trade still active, wasn't convinced by the small close above on 11/17. Going as planned so far, we might see a retest to the MA soon if bitcoin bounces here, but it should get rejected.