Buy Ether from 408.57 | 02 August 2018

Technical Observation

Ether is currently trading with an increasing bearish bias momentum. Yesteday saw Ether decline in value but is now approaching a key 4 hour support level $409.57. This is a key line and while it holds the price to the upperside, I expect a bounce from it to pick a long position with an ideal take profit at 504.46. If this take profit is taken out, then I expect a surge further with my next take profit at $622.21. Should the price break below $408.57, then I expect sellers to take full control towards $350.0.

Trade Signal.

Buy Ether around $408.57

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.