DLavrov
Panjang

Bitcoin New Entry Level

POLONIEX:BTCUSDT   Bitcoin / Tether USD
The price bounces from the reversal zone formed by SMA50 and 13000.00 level. RSI confirms price reversal. MACD histogram supports upward movement. We can epxect for continuation of the main uptrend. Entry level is 14200.00 with stop orders at 12650.00 level. Profit targets should be 17000.00 and 18000.00 levels. The part of trade volume can be left for long run. If the price drops below SMA50, the next reversal zone will be formed by SMA100 and the uptrend line.
Komen: Don't forget about risk management! The market can fall to any level, your trade volume should be based on this fact.
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@DLavrov you were spot on with this call and profit targets - too bad I missed this one. What do you see as good entry level now?
Balas
Look my chart ;)
Balas

What can happen to Bitcoin USD? Now it will rise?
Balas
Bitcoin is the most amazing, crazy thing that has ever been seen in the financial world.
Balas
Hi Lavrov, do we pull profit? What do you think, seems BTC wont go over 16.5k or maybe it will give it another try.
Balas
Now it has hit 17,000 and will drop back, where do yous ee support level and where do you see next buy-in level at?
+9 Balas
DrStein samstar
@samstar, he explains that clearly on the chart. There are support and resistance blue lines already drawn.
Balas
what could be the best time to buy, waiting to buy 2 btc, what could be the right amount to dive in ? :)
Balas
alienxx Suhailz
@Suhailz, missed the boat, new support level is at 15100. BTC was trading in 13000's in the morning.
+1 Balas
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