Technical crypto analysis based on breakout – Trade Signal. Sell ETH now


Trade Signal. Sell ETH now

Technoical Observation:

ETH is currently trading with an increasing bearish bias Momentum. After a drastic plunge to the lower side, ETH pulled back slightly to the upper side and is currently being resisted by the Middle Simple Moving Average, 52. I’m waiting for a clear bounce from this moving average to pick a short position with an ideal take profit at $342.80, if you’re not in a short position now, you can wait for a pullback to the upper side then pick a low risk short with my first take profit at $342.80, and the next at $243.10.

Trade Signal.

Sell ETH now

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