Based on the 1H chart we can see a short consolidation. DMI confirms range market conditions. We should expect for a strong price movement after a period of low volatility. As the price is above the kumo, we have to buy only. Pending orders can be placed above 300.50 level. If the price breaks this level, we’ll get an additional confirmation that the market is going to move upward. Stop orders must be placed below 285.00 level. Profit target should be 318.00 level. This is a short term trade. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Profit Targets: 318.00
The trading signal is based on Poloniex chart.