$ETH Price Prediction 05/18/2022

18 May 2022

ETH rejected around the intersection of triangular resistance + LT trendline to trigger a bearish breakout prior to second vertical.

At this point there's a high chance that we could continue to drop towards next LT line if price can't maintain within previous lows.

Even though PA looked good to start I did sell off some of my portfolio due to gut instinct which resulted from three general concepts:

• Recent PA and course of descent over a short time period.
  
• The volatility on the initial breakout attempt (vertical 1) seemed too high and there was no defiant close above LT trendline.
  
• Binance US 2FA was down and opened up right as subsequent red candle was breaking above LT trendline.
  

18 May 2022

Not

Just sold some ETH @ 1950