Wait for a buy position | 13 March 2018

Technical Observation:

ETH is still rallying above my buyers's area $669.62. If you're not already into a long position, you could wait for retracements within the colored area to pick a long position. As it is, unless the price clearly breaks below the colored area with a big red candle, the chances of rising towards $3393.69 are very high. However, should the price get below $669.62, then I'll wait for another break below 507.55 to confirm a possible bearish rally towards $178.00 or lower. As at now, only a long positions seems more appealing and can be advised.

Trade Signal.

Wait for a buy position towards $3393.69

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.