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Trade Recommendation 24.10.2017 : Ethereum

The price bounced from 280.00 support level and RSI confirmed price reversal. Bullish divergence gives a trend reversal signal. MACD supports upward movement. It’s a new buy opportunity. Pending orders should be placed above SMA100 and the local high at 315.00 level. Stop orders must be placed below the local swing low at 270.00 level. Profit targets are 350.00 and 390.00 levels. The part of trade volume can be left for long run. If you don’t use leverage, recommended trading volume for this trade is up to 10% from your deposit.
Market: ETHUSD
Buy: 315.00Stop: 270.00Profit Targets: 350.00 and 390.00
The trading signal is based on Poloniex chart.

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