ETH/USD Trading Analysis (14/04/2025)
The trend is descending. The crypto coin is trading in the range between 365 and 135 ЕМАs. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator.
Trade idea:
- Sell when the formation of the descending wave structure begins, when the wave A breaches the sloping channel of the ascending truncated structure.
- Stop-loss at 1670.000.
- Price targets at 1472.000 and 1410.000.
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