DLavrov

Bitcoin Trade Opportunities

BITSTAMP:BTCUSD   Bitcoin
The market bounced from the support zone and moves higher. If you opened long trades at 2000.00 level, now you must be in good profit. For new trades we have to wait for new trade opportunities. If price reaches and reverses from 2700.00 level, we'll have a sell signal. Open short trades after getting confirmation from RSI with stop above the local swing high and profit target at the uptrend line. As for long trades, you should buy if price drops to the uptrend line and you have price reversal.

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