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

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.