Trade Recommendation: Siacoin
The trading idea is based on a breakout above the downtrend line and the previous swing high. If the market moves about it, we will get a signal confirming further upward movement. Also MACD lines and DMI give bullish signals. It’s a new trading opportunity. Pending orders for buy should be placed at 0.00000062 level with stop orders at 0.00000048 level. Profit targets are 0.00000075 and 0.00000100 resistance levels. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.
Profit Targets: 0.00000075 and 0.00000100
The trading signal is based on Poloniex chart.
Disclaimer: The analyst does not have investments in Siacoin.