Sell around 256.34 | 06 September 2018

Technical observation

A breakout was seen when Ether went down below a support 256.34 before rallying down. I expect a pullback to the just broken line a rejection of price at it for possible bearish momentum towards 208.53, Wait for the correction to 256.34 and a rejection at it then short ETH at it with your take profit at 208.53 and stop loss around 274.96.Shoul there be a breach below 208.53, wait for a correction to it to confirm further decline in price before you continue short with the pair. The crypto on the 4hour chart above is bearish, only short positions look idea l and can be recommended towards 208.53.

Trade signal

Sell Ether around 256.34 with your take profit at 208.53 and stop loss around 274.96.

101% Double the volume !Attention! All bonus participates in drawdown! More detailed…

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.