Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

ETHEREUM sell trading strategy fully explained - 17 April 2024

17 Apr 2024 · 1 min

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1:04

In this video, Vladimir Ribakov outlines a bearish trading strategy for Ethereum based on a clear price‑action pattern of three consecutive lower highs and lower lows, confirming a downtrend. He cites a bearish ADX reading and a MACD downside cross accompanied by bearish divergence as technical confirmations. The plan is to sell on rally pull‑backs, especially when two key resistance levels hold. On a lower‑timeframe, Ribakov identifies a false breakout (a fake high) that triggers the entry: the price attempts a new high, the MACD divergence completes, and the price reverses, signaling a sell. The strategy’s effectiveness is demonstrated by a subsequent drop of over 3,100 points—more than 10%—in Ethereum’s price. The video concludes with a promotion for the Home Trader Club, offering trading courses and real‑time education.

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Here is Ethereum sell trading strategy fully explained exactly as it was shared with you in the trading blog. 3 lower highs, lower lows stands for a clean bearish price action structure. Sell the rallies is the trading plan. ADX indicator was bearish. The MACD crosses to the downside. Everything looks bearish. And as long as these 2 key resistances hold, Sell is my plan. On the lower time frame, we got a beautiful entry. False breakout, fake high was created. The market was attempting to make a new high while the MACD completed bearish divergence, lower highs. As soon as it became fake high and the price reversed back, the sell signal is given. As we can see, Ethereum does not disappoint and drops over 3 100 points to the downside, more than 10%. Join Home Trader Club for complete trading courses, real-time trading education, and real-time trading opportunities.