Technical Obsertion

ETH is still within the contracting wedge formation. While the price is still within the rising wedge formation, I expect nothing but a possible rise. And should the price breakout above the upper trendline, then this will be a good place to look for a long term long position with an ideal take profit at 347.90. And on the flip side, should the price breakout below the lower trendline, then I'll wait for a breakout below 256.40 to pick a long term short position with an ideal take profit at 200.00 and the next at 150. A good buy place can be seen above 336.50.

Trade Signal :

Ether is upwards

101% Double the volume