DLavrov

Bitcoin Daily Chart

Long
BITSTAMP:BTCUSD   Bitcoin
Price bounces from the uptrend line. Price reversal is confirmed by RSI and a candlestick pattern. It's long opportunity and we can place buy pending orders above 2550.00 level. Stop orders must be below the local swing low - it's 2100 level. Profit target is at the resistance zone. If price drops below this uptrend line, we'll see down movement to 2000.00-1800.00 levels.

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