Short ETH now towards $460.00 | 26 March 2018

Technical Observation

Ether' is currently trading with an increasing bearish momentum. Since March 4th this year, ETH has remained below the three simple moving averages (14, 52, 152), however, recently, there was an attempt swap of places when the 152 moving average went below the 14th moving average, however, in the same day, the 152 moving average crossed back above, this is a bearish dominance signal, and while the price remain confined below these moving average especially the 152 MA, I expect the value of ETH to plummet towards $460.00 or even lower to $300.00.

Trade Signal.

Short ETH now towards $460.00

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.