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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.