The market is going to break out from the horizontal channel and start a new upward movement. DMI confirms trend market conditions and the power of buyers. MACD supports upward movement. Pending orders for buy can be placed above the up border of the price channel. It’s 0.215000 level. Stop orders must be placed below the uptrend line and the nearest swing low at 0.195000 level. Profit targets are 0.260000 and 0.300000 resistance levels. If you don’t use leverage, recommended trading volume for this trade is up to 10% from your deposit.
Market: XRPUSD
Buy: 0.215000
Stop: 0.195000
Profit Targets: 0.260000 and 0.300000
The trading signal is based on Poloniex chart.
