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Look for buy position | 05 July 2018

05 July 2018, ETH

Look for buy position

Technical Observation

After breaking above the three Simple Moving Averages 14, 52, 90, Ether is yet to show any clear moves to the upper-side. While the price is above the three SMAs, I expect a surge to the upper side with my ideal take profit at $685.10. On its way to the upper side, the key lines to check for include $540.20, $619.30, and $672.20. If these lines are breached then the price will continue upwards towards $685.10. As it is on the hourly chart, I can only advice looking for a long position. I will only consider a sell position should the price break below 407.90.

Trade Signal.

Look for buy position towards $685.10.

101% Double the volume

!Attention!
All bonus participates in drawdown!

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Imelda Maseno
Analyst of «FreshForex» company
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