Technical crypto analysis based on breakout – Sell Ether below $406.45.

ETH –

Sell Ether below $406.45.

Technical Observation:

Earlier today, Ether pulled back to the upper side but is still below the three SMAs 14, 52, 90. As I stated few weeks ago, while the price is contained below these SMAs, I expect a surge to the lowerside. If you’re not already in a short position, you could wait for a break below $406.45 to short Ether towards $352.30. As it is, I only advice looking for a short position. But should price get above these three, then I’ll wait for a break above $463.96 to confirm further rally to the upperside.

Trade Signal.

Sell Ether below $406.45.

101% Double the volume

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