ETH –
Technical Observation
Other than the fact that Ether went above the three Simple Moving Averages, Ether also went above a key resistance line $463.96. This was a main move and while the price continues to sustain above this line, I expect a surge upwards with my take profit at $539.71. If this take profit is taken out, then the price will continue upwards with the next ideal take profit at $607.55. On its way to the upper side, the key lines to check for include $530.00, and $587.80. If these lines are clearly breached, then a rise towards $607.55 is expected.
Trade Signal
Buy Ether towards $539.71
101% Double the volume
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