sell ETH | 16 August 2018

technical Observation

ETH is still rallying below the three Simple Moving Averages, 14, 52, 152. Recently the price spiked lower and even went below the hourly support line $311.40 and is still rallying below this line. While the price is contained below this line, I expect a possible momentum to the lowerside with my other level at $212.00. IF this line can broken, as then further momentum to the lowerside is expected. As it is on the hourly chart, Only sell positions looks more ideal and can be advised with an ideal take profit as mentioned above.

Trade Signal.

sell ETH

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.