The market looks interesting for long term trading and it can give a good profit. The price is going to move above the cloud of Ichimoku indicator. It will give us a trend reversal signal and a new buy opportunity. DMI is bullish and supports trend market conditions. Buy above the high of the previous bullish candle. Stop orders must be placed below the local swing low and profit target at the resistance levels.
Cryptocurrency Exchange: Bitfinex
Buy: 1.7400
Stop-Loss: 0.8800
Take-Profit1: 2.9000
Take-Profit2: 5.4000
Recommended Trade Volume: up to 15% from your deposit size. If you trade with margin, don’t risk more than 3% from your capital.
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