Trade Recommendation: Bitcoin Cash
Moving Averages tell us about the uptrend. The price bounced from SMA100 and RSI confirms price reversal. MACD histogram is going to support upward movement. DMI allows open long trades. Pending orders for buy can be placed at 460.00 level with stop orders below the support at 437.50 level. Profit targets are 500.00 and 540.00 resistance levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Profit Targets: 500.00 and 540.00
The trading signal is based on Kraken chart.