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Long ETH towards $714.00 | 13 April 2018

13 April 2018, ETH

Long ETH towards $714.00

Technical Observation

ETH continues to sustain the break above the three Simple Moving Averages (14, 52, 152) and is showing signs of continuing even higher. Personally, I went long previously when the price was around $380.00 and is still holding, my exceptions is that ETH will continue gain value and may go past $714.00 towards $1,500.00 by the close of this year. With price above these SMAs, I expect a surge to the upper side. On the way to the upper side, the key lines to look for include $555.00, $626.00, and $696.50.

Trade Signal.

Long ETH towards $714.00

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Imelda Maseno
Analyst of «FreshForex» company
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