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Trade Recommendation 12.10.2017 : Bitcoin Cash

The market could not pass through 300.00 level. We got a bullish divergence formed at the strong support level. It gives us a trend reversal signal. MACD supports upward movement and DMI allows opening long trade. Pending orders for buy should be placed above SMA20 at 325.00 level. Stop orders must be placed below the previous low at 287.00 level. Profit targets are 400.00 and 500.00 resistance levels. If you don’t use leverage, recommended trading volume for this trade is up to 10% from your deposit.
Market: BCHUSD
Buy: 325.00Stop: 287.00Profit Targets: 400.00 and 500.00
The trading signal is based on Kraken chart.

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