The price bounces from the uptrend line. RSI confirms price reversal. A new swing low is higher than the previous one and it’s a signal that we can expect further upward movement. Pending orders for buy should be placed above the local swing high at 0.233000 level. If the market breaks this level, we’ll have a good confirmation of the main uptrend continuation. Stop orders must be placed below 0.200000 level. Profit target should be near the downtrend line. It’s 0.270000 level. If the market drops below the uptrend line and 0.200000 level, buy orders must be deleted. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
Profit Targets: 0.270000
The trading signal is based on Poloniex chart.