Buy Ether towards $685.60 | 01 June 2018

Technical Observation

Ether is currently trading with an increasing bullish momnetum. As I said on yesterday's analysis, Ether rallied higher and is now above the three Simple Moving Average. While the price is above these three SMAs, I expect nothing but a spike upwards. On its way to the upperside, the key lines to look for include $609.10, $634.80 and $685.60. If these lines are breached, then a rally towards $1,000.00 or even higher is expect. As it is, I don't advocate for short orders, but the price break below the three, Then I expect downward rally.

Trade Signal.

Buy Ether towards $685.60

101% Double the volume