Rebuy ETH around $670.71 | 09 May 2018

Technical Observation

Even the bullish bin bar seen few days ago, ETH continues to plummet and is still very bearish. I expect This crypto to continue trading with an increasing bearish bias with my potential buy position being around the $670.10 handle. If you went long based on my previous day's analysis, you cold leave this position open but have you stop loss below $593.70, if not, you could wait for another potential buy position upon a rebound from $670.71. On its way upwards, the key lines to look for include $777.30, $899.70 and $942.68.

Trade Signal.

Rebuy ETH around $670.71 towards $942.68

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.