Close
Login

Short ETH now towards $342.00 | 06 April 2018

06 April 2018, ETH

Short ETH now towards $342.00

Technical Observation

Ether' is currently trading with an increasing bearish momentum. For the second time in a span of less than one week, the larger Simple Moving Average 152 has gone above the other simple moving averages. This is a potential bearish dominance signal and while the price is below these three, I expect further momentum to the lower side. On it's way to the lower side, the key reversal points to look for include $345.02, $241.21, $124.21 and $82.00. A break below these lines will push the price lower to somewhere around $50.00

Trade Signal

Short ETH now towards $342.00

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 .