Sell ETH towards $373.50. | 02 July 2018

Technical Observation

April this year, three Simple Moving Averages went below price, rallied higher after this switch but again, the price went below these three and is still rallying lower.m While the price is still below the three simple moving averages 14, 52, 90, I expect a possible momentum to the lower side and may breakout below $373.50. The line $373.50 is a key daily support and while it contains the price is above it, i expect a bounce from this line to look for a long position. And should the price break below $373.50, then this will be an ideal place to pick a buy position.

Trade Signal.

Sell ETHtowards $373.50.

101% Double the volume