Technical crypto analysis based on breakout – Buy Ether towards $685.10

ETH –

Technical Observation

Ether is currently trading with an increasing bearish momentum. After attempting a break above $463.96, Ether pulled back lower and is now below this line but is still above the three SMAs 14,52, 90. While the price is above this three SMAs, I expect a momentum to the upper side. On its way upwards, the key lines to check for possible sell places include $ 540.20, $619.30 and $685.10. If these lines are broken, we expect Ether to continue upwards with the next take profit at $1k.

Trade Signal.

Buy Ether towards $685.10

101% Double the volume

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