Trade Recommendation: Ethereum Classic
The price bounced from 10.00 support level and broke the downtrend line. It shows that the market is going to move upward. MACD supports upward movement and DMI allows opening long trades. We have good trading opportunity. Pending orders for buy should be placed above 11.00 resistance level. Stop orders must be below the local swing low at 9.50 level. Profit targets are 12.50 and 16.00 levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Profit Targets: 12.50 and 16.00
The trading signal is based on Poloniex chart.