ETH –
Technical Observation
ETH is currently trading with an increasing bearish bias. Yesterday, Ether rallied lower and even went below the hourly support line $463.96, and even most important, the price went below the three SMAs, and is still below these lines, while the price is contained below this two, I expect an acceleration to the lower side with an ideal take profit at $426.70. While the price is contained below these three, SMAs and $463.96, I expect a surge downwards. Conservative traders should wait for pullbacks to short Ether towards $406.70.
Trade Signal.
Sell Ether towards $406.70
101% Double the volume
!Attention!
All bonus participates in drawdown!
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