Buy Ether from 279.10 | 30 August 2018

Technical Observation

Just as in BTC, Ether retraced slightly to the lower side but is still above the two Simple Moving Averages. As I said few days ago, while the price is above these lines, I expect a possible momentum to the upper side. On its way upwards, the key lines to look for include 336.40, 405.45 and 439.93. If these lines are broken, then further momentum towards 474.10 is expected. On the other side, should the price break below 267.40, then I'll wait for another breakout below 256.00 to pick a short position.

Trade Signal

Buy Ether from 279.10

101% Double the volume