ETH –
Technical Observation
ETH is currently rallying with an increasing bullish bias. Yesterday, Ether broke above the three SMAs, 14, 52, 90, and is still above it, and even more important, the price went above $463.96, this is a clear move and while the price is above this line, I expect a surge to the upper side with an ideal take profit at $535.20. On its way upwards, the key lines to check for include $495.70, $525.45 and $545.20. If these lines are broken, then a rally towards $604.70 is expected. As it is, only a long position looks ideal.
Trade Signal.
Buy Ether towards $604.70
101% Double the volume
!Attention!
All bonus participates in drawdown!
You may check other analytical reviews on FreshForex website. Source: freshforex.com.