Technical crypto analysis based on breakout – Buy ETH now towards $1387.50

ETH –

Buy ETH now towards $1387.50

Technical Observation

ETH is currently trading with an increasing bullish momentum. On the daily chart attached, the price broke out above $670.71, before getting back above it, this is a sign that buyers are in control and that the price could continue upwards with an ideal take profits at $1387.50. While the price is above $670.71, long positions are better, however, should the price break above the 152 Simple Moving average, then this will be the best place to pick a long position with a take profit at 1387.50. On its way to the upper side, the key lines to check include $899.70, and $1266.90.

Trade Signal.

Buy ETH now towards $1387.50

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