ETH –
Technical Observation
Ether pulled back perfectly towards the daily support $670.71 but failed to penetrate below it, the Wednesday’s candle is a perfect buy candle, and unless the price clear penetrates below $670.71 with a big red candle, this is a good opportunity to grab a long term long position with the first take profit at $942.60 and the next at $1,182.09, your stop loss should be placed strategically below $593.70. In case of a break below $670.71, then I advice waiting back to the same line to short ETH towards $348.90.
Trade Signal.
Buy ETH around $670.71 with first take profit at $942.68 and the next take profit at $1,162.09
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