Long ETH towards $620.93 | 22 March 2018

Technical Observation

On the day chart attached, Ether' is currently trading with a gradually increasing bullish momentum. After the bounce from $493.80, Ether' has been on the move to the upper side. I went long just after the bounce from $493.80 and is still holding. This is short take buy, therefore, my expectation is that the price should continue to rise towards $620.95 which is a key line, and may take profit line. If you didn't buy this virtual currency with me, you could wait for a breakout above $620.95 to long ETH towards $1427.60, or short on a rejection from $620.93.

Trade Signal.

Long ETH towards $620.93

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.