Still buying Ether | 22 May 2018

Technical Observation

Instead of a momentum towards my previous analysis, Ether pulled back to the lower side but is still above my buyers area $685.11-$670.17, unless the price clearly breaks below this area with a big red candle, I expect a surge upwards with my first take profit at $952.68 and the next take profit at $1,163.05. On the contrary, should the price break below $670.71, then I'll wait for a pullback to the just broken level to pick a short position with my take profit at $348.90. On its way to the lower side, the key lines to look for include $593.70, $471.30 and $348.90.

Trade Signal.

Still buying Ether towards $952.68

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.