InvestingScope
Short

Target hit. Resistance test and further downside. Short.

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
TP = 420.31 hit much sooner than expected, as 4H searched the 1D support more aggressively ( MACD = -11.200, B/ BP = -22.1840) without entering into a Rectangle consolidation. With 1D on highly aggressive Highs/Lows = -24.7820, our next target for ETHUSD is the 357.60 April 01 ,2018 low. The last TP (under circumstances) is the November 02, 2017 low = 273.77 (will make many updates prior). Always keep in mind that Ethereum is on a 1W heavily bearish Descending Triangle ( RSI = 42.336, Highs/Lows = -56.4853, B/ BP = -310.0400).
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