Remain flat temporarily. | 24 September 2018

Technical observation

Currently price is at the resistance line 245.66, I expect breach above this line with a big green candle followed by a correction to it confirming bullish momentum of price towards the resistance zone 324.44-318.78, and a possible breakout above it for a further rise in price. In case price does not break above the line 245.66 and instead is rejected at it, you can still pick short positions at the line with your take profit at 202.01 and stop loss slightly above 245.66.Right now you can remain flat temporarily and wait for either the breakout above 245.66 with a big green candle or a rejection at it to trade Ether.

Trade signal

Remain flat temporarily.

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.