Sell Ethereum | 13 August 2018

Technical Observation: Ethereum is currently trading with an increasing bearish momentum. While the price is below the three simple Moving Averages 14, 52, 152, I expect a surge further to the lowerside with an ideal take profit at $150.87. On its way to the lowerside, the key lines to look for include $250.65, $230.76 and $197.7. If these lines are breached, then a steep decline further is expected. As it is on the hourly chart, I only advice looking for a long term short position with our take profits as stated above. Trade Signal. Sell Ethereum

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.