Near a Resistance. Short on medium term.

٢١ يونيو ٢٠١٨

The price is widening the bands on the 1D Channel Down (RSI = 47.113, MACD = -30.520, Highs/Lows = 0), attempting to price a new Lower High at 563.82. Based on an identical pattern projection on 4H (ATR = 12.9407), we expect sideways trading to follow inside a 517 - 563 Rectangle before ETHUSD tests the 420.31 1D support.