On chart the price is showing us two bullish patterns which both have already broke upwards. Also the price has tested resistance line few times now and not breaking through of it. But if the price manages to break through of this resistance level, then it's indicating that bullish break out is soon to happen. Buy orders should be set above resistance level. one of the concerning thing is that MACD and RSI have ascended very high and this breakout might be false. Doesn't mean there is still not any room to move but carefulness is recommended.
Trading information
Buy: above 37
profit: 43.8
partial profit: 39
stop-loss: 32
Things to remember:
Any questions about this trade or need help with trading? Please, feel free to leave your questions and feedback in to the comments section.
Yarr!
Trading information
Buy: above 37
profit: 43.8
partial profit: 39
stop-loss: 32
Things to remember:
- To trade safely I recommend using stop-loss function in case something goes wrong.
- It's better to wait than to regret. This is important when you are doing long term investments! Knowledge behind of your trades gives you success, more often!
- Always be aware of things, trends and events what's happening around the current crypto you are trading. They may have big impact on the price movement!
- Disclaimer: You are solely responsible for your trades and it's important to do your own research before doing any investing plans!
Any questions about this trade or need help with trading? Please, feel free to leave your questions and feedback in to the comments section.
Yarr!
Comment:
Seems like bitcoin is dragging ETC down.
Trade closed manually:
All targets reached
