ETH is still rallying within the supportive zone $669.62-$507.55. Unless there's a clear breach to the lower side with a big red candle, I expect a momentum to the upper side, as it is on the daily chart, I highly recommend remaining flat and looking for a buy position around $507.55, with the first take profit at $669.62 , next at $936.86 and the last take profit at $3393.69. If the price breaks below $507.55 with a big red candle, then I expect a surge to the lower side with the first take profit at $376.90 and the next at $244.00.
Trade Signal.
BUY ETH at $507.55 with Stop loss below $443.20 and take profit at $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.
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Imelda Maseno
Analyst of «FreshForex» company
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