ETH –
Technical Observation
Ether is still contained below the three Simple Moving Averages (14,52, 152), and as I said previously, while the price is contained below these lines, then I expect a surge to the lower side and may break below the $300.00. On its way to the lower side, the key support lines to check for possible take profits include $450.00, $395.00, and $321.00. if these lines are breached, then the price will continue to the lower side with an ideal take profit around $300.00. As it is on the hourly chart, only sell positions can be advised.
Trade Signal.
Sell Ether now
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