The price bounced from the support zone formed by SMA100 and 1000.00 support level. RSI confirmed price reversal. The new swing low is higher than the previous one and if the market breaks the previous high, we’ll get a signal confirming further upward movement. MACD gives bullish signal and DMI allows opening long trades. Buy orders can be placed above the previous swing high at 1265.00 level. Stop orders must be below the support at 930.00 level. For short term trading the target should be at 1500.00 level. For long run it’s better to fix profit at 2000.00 level. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.
Market: DASHUSDT
Buy: 1265.00
Stop: 930.00
Profit Targets: 1500.00 and 2000.00
The trading signal is based on Poloniex chart.
Source: Hacked
