Trade Recommendation: Bitcoin
The dip is here! With many people panick selling bitcoin price has come down as low as 10k and under. Luckily it is showing signs of recovery and it could be a good time to place your buy orders. Below is a recommendation from Hacked.com.
Source
Published 4 hours ago on January 17, 2018
This is a short term trade. The trading idea is based on a trend reversal signal. The double bullish divergence tells us that probably the market will bounce from the support and start a new uptrend. MACD lines support this idea and DMI allows opening long trades. Entry level is 10400.00 with stop orders at 8910.00 level. Profit targets are 12000.00 and 15000.00 levels. The part of trade volume can be left for long run. Please, note the market has potential for dropping lower. Use stop-loss orders and proper risk management strategies. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.
Market: BTCUSDT
Buy: 10400.00
Stop: 8910.00
Profit Targets: 12000.00 and 15000.00
The trading signal is based on Binance chart.
I am riding this one up. My positions opened yesterday are on th green already!
Nice! Yesterday was a great day to buy crypto. Today is still good though!