Buy Ether towards $539.71 | 18 July 2018

Technical Observation

Other than the fact that Ether went above the three Simple Moving Averages, Ether also went above a key resistance line $463.96. This was a main move and while the price continues to sustain above this line, I expect a surge upwards with my take profit at $539.71. If this take profit is taken out, then the price will continue upwards with the next ideal take profit at $607.55. On its way to the upper side, the key lines to check for include $530.00, and $587.80. If these lines are clearly breached, then a rise towards $607.55 is expected.

Trade Signal

Buy Ether towards $539.71

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.