Ether 4-hour short signal full
The 4-hour Bollinger Bands are opening downwards, with prices under pressure below the middle band. The MACD has a death cross below the zero line with increasing volume, and the RSI is weakening without signs of rebound. Rebounds are repeatedly suppressed by trend lines, with heavy selling pressure and bulls lacking strength. A breakdown of support will initiate a new downward trend, with rebounds focusing on short positions; do not attempt to catch the bottom.
You can look to short around rebounds at 2880 and 2920. Target at 2750; if broken, continue to look down to 2650.
