Short idea for ETH - descending channel (1D/1H)

I would like to share this short idea for ETH. It's moving in a tdescending channel, so now there is a high probability that the price will go down, as it bounced back from the resistance. The RSI and MACD indicators are also confirming the predicted move.

Trend: downtrend (20 EMA < 50 EMA < 200 EMA on the 1H chart )

Nice and easy trading opportunity.

Entry level: if price goes below 3112

SL/TP levels are shown on the Short position drawing.

Good luck!