Bitcoin Buy Opportunity

The market gives us the local swing high which can be used for placing pending orders for buy. If the price breaks 12000.00 resistance level, SMA100 and moves above this high, it will be a signal confirming trend reversal and further upward movement. Buy orders can be placed at 12300.00 level with stop orders at 10200.00 level. Profit targets are 14000.00 and 17000.00 resistance levels.