This article was posted on Thursday, 11:14, UTC.
The price bounces from the uptrend line. RSI confirms price reversal. We have buy opportunity. Stop orders must be below the local swing low. The main profit target should be at 0.024500 resistance. If the market breaks this resistance level, the 2nd profit target will be at 0.026000 level. This is a short term trade. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
// -- Discuss and ask questions in our community on Workplace
. Don't have an account? Send Jonas Borchgrevink an email -- //
Profit Targets: 0.024500 and 0.026000
The trading signal is based on Poloniex chart.
Important: Never invest money you can't afford to lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here.
Feedback or Requests?
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.