ETH/USDT Might Be Smashed From the Sellers 🔨🔨🔨

💡 Trade Idea

📉 Sell Order ETH/USDT @ 1309.93

🎯 Target Profit 1236.22

🛑 Stop Loss 1342.45

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:

The price is trading within a bearish channel formation and posted a correction count on the intraday time frame. We have a 61.8% Fibonacci retracement level @ 1333.13, and the price stalled near the trendline resistance, this will lead to a move downward towards the 1236.22 level.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️