Technical crypto analysis based on breakout – Sell Ether towards $350.00


Sell Ether towards $350.00

Technical Observation

Ether is currently trading below a key daily support line $404.34. This is a key line and while the price is below this line, I expect a surge to the lowerside with my take profit at $350.00. On its way to the lowerside, the key lines to check for include $375.20, $360.00 and $350.00. If these lines are breached, then I’ll expect further movements to the lowerside. On the otherside, should the price end up above$4064.34, then this will be a good place to look for a long position with an ideal take profit at $464.65.

Trade Signal.

Sell Ether towards $350.00

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