Long position. Targets $340, $400

POLONIEX:ETHUSDT   Ethereum / Tether USD
On the generally growing markets it is a good idea to buy at the moments of temporary decline. Now 3 indicators altogether are in the oversold area. The Chinese market's misfortunes will be taken in consideration and the price will continue its growth. We're setting the targets at the resistance levels $340 and $400.
I would suggest to wait for the channel break and a tight stop loss at a local low, the market could easily fall to the strong support of 230; on its rise it didn't make any strong supports in the 230-270 area.
Generally could be a good trade.
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