Skip to main content

Trade Recommendation 30.10.2017 : Monero

The price dropped to the support level again. We can consider such price movement as a new buy opportunity but with better entry point. RSI confirmed price reversal from the support level. MACD supports upward movement. DMI allows to open long trades. Pending orders for buy should be placed at 88.20 level. Stop orders must be placed at 84.50 level. The main profit target is 100.000 resistance level. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Market: XMRUSD
Buy: 88.20Stop: 84.50Profit Targets: 100.00
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