Trade Recommendation: Siacoin

Double bullish divergence was formed by the price, RSI and MACD. We have a strong trend reversal signal. Also the market bounced from the support level. RSI confirmed price reversal. MACD supports upward movement. DMI allows open long trades. Pending orders for buy must be placed above SMA50 at 0.00000121 level. Stop orders must be at 0.00000098 level. Profit targets are 0.00000150 and 0.00000200 resistance levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

Market: SCBTC
Buy: 0.00000121
Stop: 0.00000098
Profit Targets: 0.00000150 and 0.00000200

The trading signal is based on Poloniex chart.

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.