Buy ETH now towards $936.86 | 14 March 2018

Technical Observation:

ETH is still rallying above the colored area $669.62-$507.55. This is my buyers location and while it is not breached to the lower side with a big red candle, I remain optimistic that this virtual currency will turn around from this zone and head upwards. My advice therefore is that, traders willing to hedge on this crypto should wait for a buying signal within this zone to buy ETH with the first take profit at $936.86 and the second at $3393.69. On the other side, should the price go below $669.62, then I'll be eyeing another break below $507.55 to give me the green light to continue short towards $111.70.

Trade Signal.

Buy ETH now towards $936.86

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.