4H Channel Down intact. Short.

٢ يوليو ٢٠١٨

Ethereum is still within both the 1D and 4H Channel Down patterns, with the latter making an attempt (RSI = 51.236, Highs/Lows = 0) to price a new Lower High near the technical 466.81 level. The 1D Channel Down (MACD = -37.560, B/BP = -468.7579) applies selling pressure on the 487.07 Resistance so the TP for ETH remains the 357.60 April 01,2018 low and (under circumstances), the November 02, 2017 low = 273.77.