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Bears still in control | 29 June 2018

29 June 2018, ETH

Bears still in control

Technical Observation

Ether is trading with a bearish bias momentum. As I said earlier, Ether continued to the lowerside and even went below $463.96. Perfectly in line with my other forecasts, while the price is below these lines I expect a momentum to the lowerside with the next ideal take profit at $407.10. I highly expect this downward rally since the price is below the three Simple Moving Averages (14,52,90) and while the price is contained below these lines, I expect a steep decline in value with my take profit at $350.00.

Trade Signal.

Sell Ether now

101% Double the volume

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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.
Imelda Maseno
Analyst of «FreshForex» company
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