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31 May 2018, ETH
Technical Observation
On Wednesday this week, the price attempted another break below the three Simple Moving Averages (14, 52, 90) but has again rose above them again. This is a potential sign that the price may continue upwards, however, instead of going long immediately, I'm waiting for a breakout above the previous day's highest high, $579.05, to c to confirm a possible rally towards $606.05. However, should the price again go below the three SMAs, than I'd recommend looking for a short position with your take profit at $507.30.
Trade Signal.
Flat
101% Double the volume
