Buy Ether now | 07 June 2018

Technical Observation

As I said yesterday, Ether appears to have sustained the breakout above the three SMAs. This means, intraday traders should be looking for long term long positions with the first take profit at $720.40 and the next take profit at $832.90. As it is on the hourly chart, I expect nothing but a surge upwards, however, should the price breakout below the three SMAs (14, 52, 152), Then I'll wait for a pullback to the just broken SMAs, to sort a sell position with my take profit no lower than $511.60.

Trade Signal.

buy Ether now towards $720.40

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.