Wait | 26 September 2018

Technical observation

Ether vis currently trading below the resistance zone 230.98-277.84.Unluess there’s a clear bullish breach above this zone, I expect bearish movement towards the support 193.24.On the way downwards the key lines can be seen around 193.24 and 166.25 if price breaks below these lines then it could decline even further. Right now I am waiting for a correction to 230.98-277.84 and a bounce within it to pick short positions with my ideal target at 193.24 and stop loss slightly above 230.98.In case of a clear breach above 230.98-277.84 with a big green candle, wait for a correction to it before you pick short positons.

Trade signal

Wait for a correction to 230.98-277.84 to sell ETH.

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.