Technical analysis by EA_GOLD_MAN_COPY_TRADE about Symbol ETH: Sell recommendation (8/14/2025)

EA_GOLD_MAN_COPY_TRADE

1. Price Structure ETH had been moving inside a rising channel (blue shaded area). Price broke below the channel, signaling potential weakness. The current market price is around 4,559.66, below the marked entry point at 4,721.85. 2. Trade Setup Entry Point: 4,721.85 USD — planned for a short (sell) position after price exits the bullish channel. Stop Loss: 4,792.80 USD — above recent highs to protect against false breakdowns. Target: 4,192.13 USD — a key horizontal support zone. Risk: ~70.95 USD above entry. Reward: ~529.72 USD below entry. Risk-to-Reward ratio ≈ 1:7.5, indicating high potential reward relative to risk. 3. Technical Signals Channel Breakdown: Suggests the uptrend momentum has weakened. Bearish Candle after Breakout: Confirms selling pressure. Target Level: Coincides with previous support from August 12th price action. 4. Bias: Short-term bearish bias until price action reclaims the 4,721.85 level. If ETH closes above 4,792.80, bearish setup is invalidated. Summary: This is a short trade setup aiming to capitalize on a breakdown from an uptrend channel. The stop loss is tight relative to the large downside target, offering an attractive risk/reward. However, volatility around current levels may cause retests before continuation.