Technical Observation

Overall, Ether is in a downtrend, I went short after the MA cross over few weeks ago and is still holding into this position. My expectations is that, while the price is below the two Simple Moving Averages, I expect a possible surge to the lower side with an ideal take profit at 200.00. On its way to the lowerside, the key lines to look for possible bounce include 257.00, 243.00, and 230. If these lines are clearly broken, then further momentum to the lower side. As it is on the hourly chart, only sell positions are ideal.

Trade Signal.

sell ETH now

101% Double the volume