Ethereum is simply extending the Lower High bands on the projected pitch sequence since the May 5th 838 Top. This is the low gradient curve pattern on 1W (RSI = 44.217, MAC = -19.690, Highs/Lows = -35.7939, B/BP = -157.5351) and the parallel continuation of the 1D Channel Down (RSI = 48.062, MACD = -12.640, Highs/Lows = 10.5048). The new estimated rejection area is illustrated inside the eclipse. The strategy remains to sell such price increases as ETHUSD is still within a long term bearish Channel. TP is intact = 357.60 (April 01,2018 low). If reached, new shorts will be added at 508.00.