Trade Recommendation: Ethereum | Hacked: Hacking Finance
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Analysis

Trade Recommendation: Ethereum

Posted on .

Trade Recommendation: Ethereum

Introduction

This article was posted on Monday, 21:51, UTC.

The price bounces from the support zone formed by 300.00 and 280.00 levels. MACD and RSI form a bullish divergence. It’s a trend reversal signal. The market is going to reverse and we can expect further upward movement. It’s buy opportunity. Pending orders must be placed above 320.00 resistance level. Stop orders can be at 270.00 level. Profit target is 400.00 level and a part of trading volume can be left for long run. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Buy: 320.00
Stop: 270.00
Profit Targets: 400.00

The trading signal is based on Poloniex chart.

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Feedback or Requests?

Dmitriy Lavrov

Dmitriy Lavrov

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.

Comments
  • user

    AUTHOR beaupain

    Posted on 10:02 pm September 4, 2017.

    Thanks for the analysis! As your crowd is probably international, you might want to add the currency (USD) in your articles. Cheers

  • user

    AUTHOR embersburnbrightly

    Posted on 11:10 pm September 4, 2017.

    I also get confused when the currency type is not specified in articles/recommendations, and would also like to please request numbers also listed in dollars; or at least confirmation on which currency is being used in the various articles. As it stands, different writers list figures in different currencies, but if it is not specifically listed which currency is being used in a particular article, we have to guess, which could lead to some bad trades. Thank you in advance.

  • user

    AUTHOR Fadi81

    Posted on 2:39 am September 5, 2017.

    Agree with the above comments.
    The discrepancy between USDT and USD has stung me a few times.

    Also this runs counter to the daily crypto analysis which says further corrections are expected in these coins ?

  • user

    AUTHOR beaupain

    Posted on 8:36 am September 5, 2017.

    I assume the authors will take the feedback, which seems to be valid, to improve this website and the quality of the articles 🙂

  • user

    AUTHOR Dmitry Volskiy

    Posted on 5:33 pm September 5, 2017.

    Do I understand correctly that this article has a controversywith another article, where further correction of ETHERIUM is expected (Cryptocurrency Analysis: Coins Rebound After Bloody Monday)?

    • user

      AUTHOR Chris G

      Posted on 6:10 pm September 5, 2017.

      there is a definite contradiction, I follow both authors – I get the impression that Dimitry is looking at shorter term MACD/RSI signaling. I’m not sure if the time-frame for his theorized price reversal has passed. It certainly looked like ETH might reverse when it hit 310 and then surged up to 330.

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