Bitcoin Gold Buy Opportunity

The market moves sideway at 220.00 support level. The price bounces from this zone and we can use it as a new trading opportunity. Also it looks like the market has potential for reaching the previous highs. We can try to catch possible upward movement. Pending orders for buy can be placed at 260.00 level with stop orders at 195.00 level. Profit targets are 335.00 and 410.00 resistance levels.

Commento:

Probably the market gives us a support zone formed between 220.00 and 200.00 levels. If the price can stay above 200.00 level, we should be ready to get a new reversal signal. Buy orders can be moved from 260.00 level to 250.00 level.

Commento:

The price activated pending orders for buy. Now we have to wait which level the market will reach firstly - stop or take-profit.

Commento:

The 1st target was reached.