Hello, Traders! Monfex is at your service and today we overview BTC/USD.
What do you expect from Bitcoin ?
At the moment, BTC are under the volume resistance zones. RSI has an clear uptrend, which convinces us to look more towards the bulls. BTC has support price zone ~$ 8,185.
What do we do now ?
Active Trade Signal by BTC/USD - Buy near $8,190 - Take profit $8,770 - $9,050 - $9,326 - Stop at $8,164
Also you can act by breakout $ 8,423 level - Buy near $8,425 - Take profit $8,770 - $9,050 - $9,326 - Stop at $8,049
Share your thoughts, ideas about the market under the chart.
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GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Comment
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Sorry! Have mistake in numbers in Stop lose.
Active Trade Signal by BTC/USD - Stop at $8,049
Also you can act by breakout $ 8,423 level - Stop at $8,164