Ethereum Classic Buy Opportunity (Poloniex ETC/USDT)steemCreated with Sketch.

in cryptocurrency •  7 years ago 

Screen Shot 2018-02-08 at 2.03.07 PM.png

The price bounces from the weekly uptrend line. RSI confirms price reversal. MACD histogram supports possible upward movement. In spite of DMI confirms downward movement, we have a new buy opportunity. Buy orders can be placed above the signal bullish candle or the nearest resistance level . Stop orders must be placed below the local swing low. The main profit target should be the previous market high.

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