Skip to main content

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.

Comments

Post a Comment

Popular posts from this blog

Analysis 23.10.2017 : Notable Bitcoin Price Growth Events in October

  October has been an interesting month for Bitcoin, with growth of about 40% so far, breaking a market cap of over $101,881,681,652. But if you are looking at Bitcoin long-term, this is more than just numbers now. Yes, Bitcoin did experience some explosive growth this month (and has been this entire year), but we shouldn’t let that distract us from some of the main components that will fuel Bitcoin’s growth in the long-term. Not only did the price break $6,000 per Bitcoin for the first time ever, we started to see Bitcoin’s market cap rate  surpass that of big banks such as Goldman Sachs ($93 billion) and Morgan Stanley ($89 billion) . While comparing the market capitalization of a cryptocurrency with that of publicly traded companies doesn’t make much financial sense, it’s entertaining to watch financial institutions stress out about Bitcoin. For example, the CEO of JPMorgan Chase Jamie Dimon  can’t stop talking  about Bitcoin and venting h...
Post a Comment
Read more

Bitcoin 21.10.2017: Bitcoin Hits $100 Billion as Record Rally Continues

Bitcoin’s epic rally intensified Friday, as the token reached $6,000 for the first time in its history, bringing the total market value above $100 billion. Bitcoin’s Fresh Intraday High BTC/USD touched an intraday high of $6,064.14, bringing its total market cap to $100.8 billion. That’s roughly $85 billion higher than where the market started in January. At press time, bitcoin was trading around $5,993, up more than 5% on the day. From a technical perspective, the digital currency is considered overbought. However, the technicals are typically less reliable during extreme price movements like we’ve seen in recent weeks. The world’s leading cryptocurrency has added a staggering 520% this year. Bitcoin’s rally didn’t really extend to other cryptocurrencies Friday. Ethereum continued to trade just north of $300, while Ripple (XRP) consolidated a hair below 21 U.S. cents. The cryptocurrency market’s combined market cap is roughly $173.4 billion, which is roug...
Post a Comment
Read more

history grow of money and bitcoin

https://www.youtube.com/watch?v=FKXLaui-KuQ
2 comments
Read more