The price moves in the cloud which tells us about a range market. DMI also confirms such market conditions and for trading we should wait when ADX line starts upward movement to 20 level at least. We will have buy opportunity when price breaks the downtrend line, passes through the cloud and moves above 4000.00 resistance level. It will be confirmation of further upward movement. DMI will have to confirm trend market conditions. For entry the market we can place buy orders above the resistance at 4030.00 level. Stop orders must be placed below the support at 3460.00 level. Profit […]
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Bitcoin, Ethereum and other Cryptocurrencies