ETH –
Technical Observation
ETH is currently trading with an increasing bullish bias momentum. After the bullish pin bar seen few days ago, ETH has been in constant up trend and should continue further to the upper side. Unless there’s a clear break below the line $670.71, and most importantly below the 14 and the 52 Simple Moving Average, I expect a surge to the upper side. Instead of going long now, conservative traders should wait for break above the 152 Simple Moving Average, to confirm a possible rally towards $1,387.50 or even higher.
Trade Signal.
Rebuy ETH around $670.71 towards $1,387.90
You may check other analytical reviews on FreshForex website. Source: freshforex.com.