Sell ETH now | 23 August 2018

technical Observation

Yesterday, my stops were taken out when the price went below 273.03. This is a bearish sign and while the price is below the two Simple Moving Averages, I expect nothing but a steep decline towards 254.95 and should extend even lower. The idea here is not go short now, but to wait for a correction towards 280.00 then pick a low risk short position, alternatively, you could wait for a break below 254.50 to confirm bearish rally towards 242.00. On the other side, only a break above 300.45 will attract a long position.

Trade Signal.

Sell ETH now

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.