Remain flat | 17 September 2018

Technical observation

The crypto on the 4 hour chart above is trading between a resistance line 245.67 and a support 202.06.I expect either a rise to 245.67 or a decline to 202.06.In case of arise to245.67,wait for a rejection at it to pick short positions towards 202.06 and if there’s a breakout below it,continue short with ETH after a correction to it confirming further bearish momentum towards168.69.Should there be a decline towards 202.06 and a rejection at it, pick long positions at it with your take profit at 245.67 and stop loss slightly below 202.06,remain long with this crypto after a breakout above 245.67 and correction to it.

Trade signal

Remain flat.

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.