@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
32.16
Analysis
2624
Correct
844
Fail
1721
Pending
59
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
ETHUSDT
Short Entry
3,113.7500
2026-01-08
19:18 UTC
Target
3,000.0000
Fail
3,300.0000
In 5 Days
Risk/Reward
1 : 1
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Final PnL
-5.98%
P/L: —
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The analysis focuses on Ethereum (ETHUSD) on a daily timeframe, identifying a potential ABC wave structure leading to a bearish outlook. The price has recently broken below a key support level, and the analysis suggests a further move downwards towards a target zone between $2800 and $2900. The breakdown of support is seen as confirmation of the bearish trend. The presenter notes that while a move higher is possible, the current pressure points towards a continuation of the downtrend. The analysis emphasizes the importance of monitoring key resistance levels for potential shorting opportunities.