Signal ETHUSD Sell — D1 - April 28, 2026 20:38 GMT-4
Signal closed at take profit
The ETHUSD daily chart has been in a downtrend since the beginning of March, with a clear bearish momentum. The price has been testing the 200 SMA (Simple Moving Average) multiple times, indicating a strong resistance level. The recent candles have formed a series of lower highs and lower lows, confirming the downtrend. The Relative Strength Index (RSI) is also in the oversold territory, suggesting a potential bounce. However, given the strong bearish momentum, the likelihood of a significant reversal is low. The current price action suggests a potential sell opportunity, with the support level around 2280. The volume has…