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DLavrov
25 cze 2017 12:16

Ethereum Classic Trading Idea Long

Ethereum Classic / DollarBitfinex

Opis

The market is going to bounce from Kijun and the uptrend line. We can have a possible buy signal and we must think about entry level. The resistance level 22.00 can be a place where the market will be stopped and reversed again. That's why buying not far from the resistance level it's not a good idea. So it will be logical to open long trades if price breaks this resistance level. We'll have possible price movement to 25.00 30.00 levels. For confirmation the breakout we should use DMI indicator. When the market moves above the resistance level, ADX line will have to rise also and support this up movement. Also high volume will be an additional confirmation that the breakout is true.

P.S. If you think this information can be useful, please, like it and share. Also I will be glad to read your comments )

Komentarze
cryptomizer
Great chart as usual. Let's make some money.
Thank you for sharing your idea.
ploskyx3
My idea
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