DLavrov

Ethereum Classic Entry Level

Long
POLONIEX:ETCUSDT   Ethereum Classic / Tether USD
The market moves between 16.00 and 17.50 levels. DMI confirms range market conditions. This trading idea is based on a breakout from this horizontal channel. If the price breaks 17.50 resistance level, probably it will be a signal confirming further upward movement. We should be ready to join this movement. Pending orders for buy can be placed at 17.65 level with stop orders below the support at 15.70 level. The main profit target is 21.00 level but the part of trade volume can be left for long run.

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