Steem news - Trade Recommendation: STEEM

in steem •  7 years ago 

cryptocurrency-analysis-BTC.jpg

The market is at possible bottom. The support zone is formed by 0.000160 and 0.000150 support levels. The current levels are good for buying in long term. We can place pending orders above SMA100 at 0.000180 level with stop orders at 0.000140 level. Profit targets are 0.000220 and 0.000300 resistance levels. MACD is going to support upward movement and DMI allows opening long trades. It’s trading opportunity and we can try to catch possible upward movement. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.
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Market: STEEMBTC
Buy: 0.000180
Stop: 0.000140
Profit Targets: 0.000220 and 0.000300

STEEMBTC29102017-768x392.png

The trading signal is based on Poloniex chart.

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Good post, great summary.

Thank you,