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
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Don't forget about risk management! The market can fall to any level, your trade volume should be based on this fact.
I think it is rather bad advice to follow just technical advice here mr @DLavrov Fresh money that brought Bitcoin to 17k are exhausting while smart people sucking the money.
Soon those late investor will become impatient because they invested late with promises for quick returns.
SantiagoSarchi
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@VladimirMoushkov,
Buenas a quien más recomrecomendas seguir ?gracias
David_Aus
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@VladimirMoushkov, you are thinking like a shrewd investor - I made the same mistake early on. Most of this market is enthusiatic general public and that is not running out anytime soon. The idea of limited 21Million coins is powerful (hey it could even work long term) and the more the price goes up, the more others don't want to miss out.
samstar
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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?
DrStein
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@samstar, he explains that clearly on the chart. There are support and resistance blue lines already drawn.
milanjelic
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@DLavrov Bitcoin entry level is 12k, not 15. It will actually make downtrend to 14k
@milanjelic, you feel it might dip again until 12,700 ?
bullbear1000
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@milanjelic, You think it will still dip to this level? Thanks
Soulshake
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Many thanks for your analysis!
My favorite "newspaper" every day!
For my opinion, its tricky between 14400 and 15000.
Above 15000, we will see new highs, but i guess, we will see the upside again.
Maybe 11700 - 11200.
Would be nice for start the rocket.
Fresh money that brought Bitcoin to 17k are exhausting while smart people sucking the money.
Soon those late investor will become impatient because they invested late with promises for quick returns.