InvestingScope

Final Resistance rejection. Strong short.

Short
BITFINEX:ETHUSD   Ethereum
Ethereum remains neutral on 1D (RSI = 53.261, ADX = 16.597) and just hit the last Lower High level of the 1W bearish fan (RSI = 45.125, MACD = -35.670, Highs/Lows = -29.6167, B/BP = -122.5500). Strong accumulated selling pressure is expected, which should this time break 420 and deliver the TP = 357.60 (April 01,2018 low).

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