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Buy ether now | 20 July 2018

20 July 2018, ETH

Buy ether now

Technical Observation

Ether is currently trading with an increasing bearish bias. Yesterday, Instead of rallying upwards from $461.56, Ether rallied lower but is still above the 152 Simple moving Averages. Unless there's a clear breakout below this SMAs, I expect a spike upwards with my ideal take profit at $539.71. You could also wait for a break above $461.59 to buy Ether. On its way upwards, you should watch for possible take profit lines set at $502.05, $521.30 and $539.71. If these lines are broken, then a momentum towards $607.55 is expected.

Trade Signal.

Buy ether now

101% Double the volume

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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.
Imelda Maseno
Analyst of «FreshForex» company
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