Sell Ether towards $350.00 | 03 August 2018

Technical Observation

Ether is currently trading below a key daily support line $404.34. This is a key line and while the price is below this line, I expect a surge to the lowerside with my take profit at $350.00. On its way to the lowerside, the key lines to check for include $375.20, $360.00 and $350.00. If these lines are breached, then I'll expect further movements to the lowerside. On the otherside, should the price end up above$4064.34, then this will be a good place to look for a long position with an ideal take profit at $464.65.

Trade Signal.

Sell Ether towards $350.00

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.