Remain short | 12 June 2018

Technical Observation

I said the other day, Ether declined significantly after the price went below the three Moving Averages (14,52,90) and is still below these SMA, As I said last month, while the price is contained below these lines, I expect a bearish surge towards $300.00 and could breakout even lower. On its way to the lowerside, the other possible reversals lines include $495.70, $451, and $400.00. If these lines broken the price will continue to the lower side with my next take profit being $300.00

Trade Signal.

Remain short towards $300.00

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.