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Trade Recommendation: Stellar

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This is a long term trade. The price reached the resistance zone. We can see an attempt to break this zone and move higher. On the 4H chart there is a flag chart pattern which tells us about continuation of the upward movement. Based on the daily chart MACD and DMI support upward movement too. Also ADX line shows that bulls become stronger. We must be ready to join possible upward movement based on the breakout signal. Pending orders for buy should be placed above the local high at 0.025000 level. Stop orders can be placed below the support zone at 0.009000 level. Profit targets are 0.050000 and 0.070000 levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Market: STRUSD
Buy: 0.025000
Stop: 0.009000
Profit Targets: 0.050000 and 0.070000

The trading signal is based on Poloniex chart.

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1 Comment

  1. mvppvm_07

    October 9, 2017 at 5:46 pm

    What value, if any, do you attribute Stellar correlation to XRP since the token is a direct “fork” of the XRP model, established by one of the creators of the XRP token?

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Cryptocurrencies

Trade Recommendation: Syscoin

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The market bounced from the support level and broke SMA100. It gave us a trend reversal signal. MACD and DMI support upward movement. We can use the local swing high and a breakout signal for opening long trades. Entry level is 0.000037 with stop orders below the support at 0.000022 level. Profit targets are 0.000050 and 0.000060 levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Market: SYSBTC
Buy: 0.000037
Stop: 0.000022
Profit Targets: 0.000050 and 0.000060

The trading signal is based on Poloniex chart.

// -- Become a yearly Platinum Member and save 69 USD and get access to our secret group on Workplace. Click here to change your current membership -- //
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.



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Cryptocurrencies

Trade Recommendation: Lisk

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The price of Lisk diverged with the MACD and RSI, giving us a trend reversal signal. Also, the RSI confirms price reversal from the support level and MACD supports upward movement. DMI allows us to open long trades. It’s a buy signal.

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Pending orders should be placed above SMA50 and the local high at 0.000930 level. Stop orders must be at 0.000780 level. Profit targets are The 0.001200 and 0.001400 resistance levels. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

Market: LSKBTC
Buy: 0.000930
Stop: 0.000780
Profit Targets: 0.001200 and 0.001400

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The trading signal is based on Bittrex 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.



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Recommendations

Trade Recommendation: EURJPY

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The price diverges with MACD histogram and RSI. It gives us a trend reversal signal and a new buy opportunity. MACD supports upward movement and DMI allows opening long trades. Buy orders should be placed at 132.05 level with stop at 131.60 level. Profit targets are 132.50 and 133.00 levels. Don’t risk more than 3% from your deposit in this trade.

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Market: EURJPY
Buy: 132.05
Stop: 131.60
Profit Targets: 132.50 and 133.00

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.



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