Long ETH now towards 670.99 | 21 March 2018

Technical Observation:

After a bounce from the daily support line $493.80, Ether' is making a good progress to the upper side. I still expect further upward movements towards $670.99 and should breakout higher with a big green candle. While the price is still within the colored zone, this virtual currency could trade within a tight range, not going above $670.95 or below $493.80, however, should any of these lines be breached, especially with a big candle, then I expect a trade towards the direction of the break. As it is, a break above 670.99 will push the price upwards towards 1427.60 or higher.

Trade Signal.

Long ETH now towards 670.99

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.