Short continuation but on a lower pace.

٧ أغسطس ٢٠١٨

ETHUSD has slowed down the pace of the downtrend following the latest aggressive Lower High rejection at 487.00 on 1D. 4H is already on neutral Highs/Lows = 0.0000 and bullish STOCHRSI = 73.644, which should be enough to keep Ethereum ranged at 395- 413. If the 420.30 Resistance is tested and rejected, it will be the first time to test this levels as a Resistance and the price should drop aggressively. We continue to short with TP = 57.60 (April 01,2018 low).