The price bounces from the support zone formed by SMA50 and 0.001200 support level. RSI and MACD confirm price reversal. DMI shows trend markets conditions and confirms that probably the correction is over. We have buy opportunity. Pending orders should be placed above the local swing high at 0.001500 level. Stop orders must be below 0.001200 support level. Profit target should be at 0.001800 resistance level. Small part of trading volume can be left for long run. If the price drops below 0.001100 level, pending orders for buy must be deleted. We’ll have to wait for new trading opportunity. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Profit Targets: 0.001800
The trading signal is based on Bittrex chart.