Wait | 21 June 2018

Technical Observation:

For the second time in a span of less than one week, Ethereum is again above the three SMAs (14, 52, 90). As I mentioned earlier, while the price is above these lines I expect a surge upwards. My opinion is that conservative traders should wait for a breakout above $628.50 to confirm a possible rally further to the upper side with an ideal take profit at $722.90. If this take profit is taken out, then a rally towards $1,295.36 is expected.

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.