Integral rejection on the Lower High. Short.

١ أغسطس ٢٠١٨

Ethereum has been emphatically rejected on the 487.07 Resistance and Lower High on the 1D Channel Down (RSI = 37.678, MACD = -7.540, Highs/Lows = -28.1924, B/BP = -60.1580) since our last report. Having already broken the 420.81 support, 4H is now targeting 404.36 where I expect a consolidation in order to harmonize the oversold RSI = 22.785, STOCHRSI = 14.975, Williams = -84.415. TP as previously = 357.60 (April 01,2018 low).