Trade Recommendation: Bitcoin

in #latest7 years ago

The price bounces from the support zone formed by SMA100 and support levels. RSI confirms price reversal in the oversold zone. MACD histogram supports upward movement. DMI allows opening long trades. We have a new buy opportunity. Pending orders can be placed above the high of the signal candle at 17650.00 level. Stop orders must be at 15400.00 level. Profit targets are 20000.00 and 21000.00 levels. The part of trade volume can be left for long run. If you don’t use leverage, trading volume for this trade is up to 10% from your deposit.

Market: BTCUSDT
Buy: 17650.00
Stop: 15400.00
Profit Targets: 20000.00 and 21000.00

The trading signal is based on Poloniex chart.

Source: Hacked

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