Sell Ether towards $406.45. | 12 July 2018

Technical Observation

On Wednesday this week, Ether rallied to the lowerside and is still below the three SMAs, 14, 52, 90, and most importantly below $463.96. While the price is contained below these two, SMA and this support, I expect a surge to the lowerside. You could wait for a break below $406.45 to confirm further rally to the lowerside. If you're already into a short position, then remain short but have your take profits at $406.45. If not, you may wait for another break below this take profit to take another short position towards $300.12.

Trade Signal.

Sell Ether towards $406.45.

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.