Sell Ether from $410.16. | 06 August 2018

Technical Observation:

The Overal trend on this crypto is downtrend. The fact that the price is below the three Simple Moving Averages and also below the hourly support level 410.16, I expect a spike to the lower side with an ideal take profit at $300. ON its way to the lower side, the key lines to check for include $390.1, $375.0 and $352. If these lines are broken, then a steep drop towards $300 is the next ideal move. On the upperside, I'm waiting for price to breakout above the three simple moving averages to pick a long position.

Trade Signal.

Sell Ether from $410.16.

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.