DLavrov
Panjang

Ethereum Classic Buy Opportunity

POLONIEX:ETCUSDT   Ethereum Classic / Tether USD
The price bounces from SMA20 and it can be a confirmation of further upward movement. MACD histogram and RSI confirm price reversal. DMI confirms trend market conditions. We could buy, but 16.00 resistance level can be a barrier for price movement. It will be correctly to wait when the market moves above 16.00 level. Also it's possible to place pending orders for entry at 16.25 level. Stop orders must be at 15.65 level. The main profit target is at 17.00 resistance level . The other part of trading volume could be closed at 18.00 level. If the price drops below 15.00 level, pending orders for buy must be deleted. We’ll have to wait for new trading opportunity.
Komen: Good jump )
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Hey man, thanks for the information. Now; where to stop? 21.50 is a good sell point or have to wait to test 22 one more time?
Balas
You are a wizard sir!
Balas
Please do some forecast for ADT (AdToken) as well. Thanks
Balas
still active?
Balas
Very nice!
Balas
yes. next jump will come ...
snapshot
+1 Balas
Excuses me sir how does macd histogram confirm anything? please explain
Additionally please explain how RSI confirms price reversal. As you know I am an RSI and MACD trader so curious to hear your explanations
+2 Balas
@gumbtg, LOL
Balas
indeed! great advise, thanks a lot
Balas
20$ at the moment
Balas
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