ETH is still within the wide range $669.62 and $1393.60. Recently, ETH bounced off from the short term resistance line $954.08, and is on it's way downwards. I expect a surge to the lower side, and a bounce from $669.62 to pick a long position. I went short, shorty after a bounce from the short term resistance line $954.08, and still holding onto it, with my sell exit being $669.62. If you're not long already, you could wait for this bounce to pick a long with your take profit fixed at $1393.60. On the way upwards, the key lines to look for include $954.60, $1163.70 $1393.60 and $1445.00. If these lines are broken, then I expect a surge even higher,.
Trade Signal.
Buy ETH around $669.62 towards $1393.60
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Imelda Maseno
Analyst of «FreshForex» company
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