Buy Ether towards $512.53 | 27 July 2018

Technical Observation:

Ether is currently trading with a neutral bias. Ether is still being contained above the three Simple Moving Averages (14, 52, 92), and as I mentioned a month ago, while the price is above these SMAs, I expect a surge to the upperside. The opposite is true to the lower side. As it is on the 4 hour chart, I expect a break above $512.53 to pick a long term long position with an ultimate target at $808.55. On the chart attached, on a long position looks ideal, but I may consider a sell below $359.50.

Trade Signal.

Buy Ether towards $512.53

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.