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Buy ETH at the $669.62 mark | 26 February 2018

26 February 2018, ETH

Buy ETH at the $669.62 mark

Technical Observation:

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

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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.
Imelda Maseno
Analyst of «FreshForex» company
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