Close
Login

Short ETH now | 23 March 2018

23 March 2018, ETH

Technical Observation:

Since May 2nd, Ether' has been trading with an increasing bearish bias. And has remained below the 152 simple moving average. Yeseterday, the 152 moving average swap below the 52 simple moving average but is still above the 14th simple moving average. Unless there's a clear cross below the 14th moving average, XRP is still in a clear downtrend. With that idea on the picture, I advice looking for a short position now towards $440.52 and should break to the lower side towards. On the way to the lower side, the key lines to look for include $470.10, $439.50 and $420.55.

Trade Signal.

Short ETH now towards 440.50

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .