Skip to main content

Trade Recommendation 14.11.2017 : Ethereum Classic


The price bounces from the support zone formed by SMA50 and the uptrend line. RSI confirms price reversal and MACD histogram is going to support further upward movement. If the price moves above 16.00 resistance level, we’ll get an additional confirmation that the market is going to reach the previous highs. Pending orders for buy can be placed at 16.50 level with stop at 13.80 level. Profit targets are 20.00 and 22.00 levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit. 

Market: ETCUSD
Buy: 16.50Stop: 13.80
Profit Targets: 20.00 and 22.00

Comments

Post a Comment

Popular posts from this blog

Đầu tư vào đâu? Nhận định thị trường BĐS Đà Nẵng 2019 - Tin tức BĐS Đà Nẵng

#tintucbatdongsandanang #bds #zinchannel Tin tức về BĐS Sản Đà Nẵng. Nhận định 2019. link youtube:https://youtu.be/_2tSxck31iE
Post a Comment
Read more

Technical Analysis 8.11.2017 : Litecoin on the Move as Bitcoin Trades Near $7000

  Altcoins are in the center of attention today, both in positive and negative ways. Ethereum’s scary client bug caused a sell-off in the second largest coin in the second half of the session, while the rally in Litecoin, Dash, and IOTA kept traders excited beforehand, although Ethereum Classic entered a correction after its strong break-out, while Monero is still hovering around the crucial $100 resistance. Litecoin had a great session, as it surged past the $56 level and traded above the $60 price zone for the first time since mid-October. The technical picture remains bullish on the currency on all time-frames, with a likely test of the $64 level in the coming days, and with the next target at $75. Support below $56 is found at $53 and $51, with another key level near $44. LTC/USD, 4-Hour Chart Analysis Bitcoin BTC/USD, Daily Chart Analysis Bitcoin briefly dipped below $7000 again today, but the coin bounced back above the key level...
Post a Comment
Read more

Long-Term Cryptocurrency Analysis 19.11.2017 : Bitcoin Flirts with $8000 as Altcoin Bull Persists

Bitcoin’s swift recovery was the main topic of the week, as the most valuable coin not just regained its steep losses, but hit a marginal new high towards the end of the period. The entire segment is experiencing capital inflows as the total value of the coins climbed above $230 billion for the first time ever after finally leaving the vicinity of the $200 billion mark. BTC breached the $8000 level before turning slightly lower on Friday, but despite the severely overbought daily chart, it is still trading near its all-time highs. As the long-term picture still suggests a deeper correction, investors should wait with opening new positions and traders should also control position sizes here. Key support levels are found at $7700, $7000, and $6700, while the recent key break-out level at $5000 still hasn’t been re-tested. BTC/USD, Daily Chart Analysis Dash is still the most bullish altcoin from a technical standpoint, despite this week’s short-term correction, as the ...
Post a Comment
Read more