The price is below the cloud. DMI confirms trend market conditions and allows open short trades. We have 0.068000 strong support level and if the price breaks it, we’ll get an additional confirmation of further downward movement. Pending orders for sell must be placed below this support level. Stop orders must be at 0.078000 level. Profit target should be at 0.050000 support level. If the market bounces from 0.068000 support level and moves above the cloud, you have to delete sell orders. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Profit Targets: 0.050000
The trading signal is based on Poloniex chart.