Ethereum
Short

Approaching the Lower High on 1D. Still short.

819
Ethereum has extended the consolidation within the 1D Channel Down (ADX = 18.498, CCI = 34.6330, Highs/Lows = 0.0000) and is now approaching the Lower High limitation (blue curve). 1W is still a Falling Wedge (RSI = 36.391, Highs/Lows = -98.9500) and our shorting approach remains intact. 297.50 is a key point to hold at the moment and if it breaks it will face the last Resistance (357.60) before ETHUSD turns bullish. So far our short targets are intact: TP1 = 198.34 (September 15, 2017 low) and TP2 = 176.16 (July 29, 2017 low).

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