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
Buy: 88.20Stop: 84.50Profit Targets: 100.00
The trading signal is based on Poloniex chart.
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