Technical crypto analysis based on breakout – Buy Ether towards $714.00

ETH –

Buy Ether towards $714.00

Technical Observation

Just as BTC, Ether rose above the three Simple Moving Averages, (14, 52, 90) and is still pretty much above these lines, As I said earlier last month, when the price is above these SMA, expect a rally upwards, and on the other hand, while the price is below these SMAs, expect a rally to the lower side, thus, now that the price is contained above the three SMAs, I expect nothing but a rally to the upper side. On its way upwards, the key lines to look for include $591.00, $714.00 and $842.10. If these lines are broken, then the price will rise further towards $1k.

Trade Signal.

Buy Ether towards $714.00

101% Double the volume

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