RMNVtrade

Huge analysis of Bitcoin: reversal signal

Long
BITFINEX:BTCUSD   Bitcoin
According to my previous published idea we have tne pessimistic scenario. Bitcoin breaks the bottom of trangle and drops near Weekly MA20 like 5 times before from the 1-st of january 2016. That should garantee the healthy growth of BTC and strong UPTREND next few months.It probably can drop to 1800-1900$ this week, so be careful. This is a perfect time to start long positions with LTC and ETC too, because this altcoins are hardly associated with BTC.

Take-profit orders must be near (lover) the resistance levels: 2500$, 2600$ and 2900$

Happy trading and don`t forget about the stop-loss orders :)

📢 Канал (37к подписчиков): t.me/RMNVtrade
📺 YOUTUBE: www.youtube.com/channel/UCkzH1U5AnHRKwIvFNGVVKww
❗️ Чат (7к подписчиков): t.me/RMNVHard
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.