Sell Ether now | 13 June 2018

Technical Observation

Ether is still contained below the three Simple Moving Averages (14,52, 152), and as I said previously, while the price is contained below these lines, then I expect a surge to the lower side and may break below the $300.00. On its way to the lower side, the key support lines to check for possible take profits include $450.00, $395.00, and $321.00. if these lines are breached, then the price will continue to the lower side with an ideal take profit around $300.00. As it is on the hourly chart, only sell positions can be advised.

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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.