RMNVtrade

Huge analysis of Bitcoin: reversal signal

Long
BITFINEX:BTCUSD   Bitcoin
According to my previous published idea we have tne pessimistic scenario. Bitcoin breaks the bottom of trangle and drops near Weekly MA20 like 5 times before from the 1-st of january 2016. That should garantee the healthy growth of BTC and strong UPTREND next few months.It probably can drop to 1800-1900$ this week, so be careful. This is a perfect time to start long positions with LTC and ETC too, because this altcoins are hardly associated with BTC.

Take-profit orders must be near (lover) the resistance levels: 2500$, 2600$ and 2900$

Happy trading and don`t forget about the stop-loss orders :)

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