Long ETH towards $669.62 | 20 March 2018

Technical Observation:

Today, I expect ETH to trade within a tight range not going above $669.62 or below $507.55.In the next few hours, I expect a rise towards the upper key line acting as the resistance to the current equilibrium zone ($669.62-$507.55). If you went long in the recent past around $507.55, leave this position open but have your take profit at $669.62. As it is, only short term long positions is recommended, however should the price break above $669.62, then I'll pick a long term long position with my first take profit at $936.86 and the next at 1393.69.

Trade Signal.

Long ETH towards $669.62

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.