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