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Sell Ether towards $406.45. | 12 July 2018

12 July 2018, ETH

Sell Ether towards $406.45.

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

!Attention!
All bonus participates in drawdown!

FreshForex cancels commissions!

Imelda Maseno
Analyst of «FreshForex» company
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