Technical crypto analysis based on breakout – Wait to buy Ether

Technical Observation

Ether is currently trading within a wider contracting wedge formation. Following a massive decline in price, Ether is currently bouncing from the lower supportive trendline. I’m, patientiently waiting for a clear bounce from this trendline to buy this Crypto with my take profit being along the upper trendline. Should the pric break below this trendline, then I’ll wait for a retracement to the just broken line to sell Ether with my first take profit at $423.32, and the next ideal take profit at 404.15.

Trade Signal.

Wait to buy Ether

101% Double the volume