Ethereum Might Be Pushed by the Bears to the 977.46 Level ๐Ÿ”จ๐Ÿ”จ๐Ÿ”จ

๐Ÿ’ก Trade Idea

๐Ÿ“‰ Sell Limit ETH/USDT @ 1255.63

๐ŸŽฏ Target Profit 977.46

๐Ÿ›‘ Stop Loss 1341.03

โŒ Do not risk more than 1 % of your account on each trade

๐Ÿ™‚ Good Luck !

Description:

The price was moving upward by being traded inside a bullish channel. It reached a daily resistance @ 1256.32 and posted a double top which signals a potential reversal. The price managed to break the channel structure and now is aiming to move downward towards the 977.46 level.
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BTCBTCUSDBTCUSDTcryptoCryptocurrencyETHETHUSDETHUSDTethusdtshortFibonacciSupply and DemandTrend Analysis

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