This is a long term trade. The price reached the resistance zone. We can see an attempt to break this zone and move higher. On the 4H chart there is a flag chart pattern which tells us about continuation of the upward movement. Based on the daily chart MACD and DMI support upward movement too. Also ADX line shows that bulls become stronger. We must be ready to join possible upward movement based on the breakout signal. Pending orders for buy should be placed above the local high at 0.025000 level. Stop orders can be placed below the support zone at 0.009000 level. Profit targets are 0.050000 and 0.070000 levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Market: STRUSD
Buy: 0.025000Stop: 0.009000Profit Targets: 0.050000 and 0.070000
Buy: 0.025000Stop: 0.009000Profit Targets: 0.050000 and 0.070000
The trading signal is based on Poloniex chart.
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