Remain flat | 18 September 2018

Technical observation

Ether broke below the support 202.06,I expect correction to it more than once to confirm possible bearish momentum of price before I pick short positions towards168.69.In case price is not contained below 202.06 and there’s a clear breakout above it again then this breakout was false, wait for the pullback to 202.06 then pick long position at it towards 245.66,should there be a breakout above it with a big green candle, wait for a correction to it to confirm further bullish movement of price before you continue long with ETH. Right now remain flat and wait for the retracement to 202.06 to trade ETH.

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.