The price bounced from 300.00 level. RSI and a reversal candlestick pattern confirmed price reversal. MACD supports upward movement and DMI allows opening long trades. Pending orders for buy should be placed above the local swing at 318.00 level. Stop orders should be placed below 300.00 support at 286.00 level. Profit targets are 350.00 and 390.00 levels. If you don’t use leverage, recommended trading volume for this trade is up to 10% from your deposit.
Market: ETHUSD
Buy: 318.00Stop: 286.00Profit Targets: 350.00 and 390.00
Buy: 318.00Stop: 286.00Profit Targets: 350.00 and 390.00
The trading signal is based on Poloniex chart.
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