HuPan
Long

BTC fall into buy region!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello, Dear friends

Long time not updates, Since I'm preparing a certificate exam recently.

In this period of time, BTC just falling like a shit! but I'd like to say it's very good opportunity for the long term buyers.

Buy in which level?

current price just break the support of MA 100, if this level break with daily candle close, I'm expected it will find the support in the range of MA120-MA140, with the price target 8300~ 9000, my strategy is put the buy order in this range.

And watching closely for the daily RSI , buy if drop to the range 30-35 !
Order cancelled: Since MA 100 is hold successfully, and market back into bull mode, I will cancel this trade, but my opinion is not change, I think MA 120 & 140 should be test later. maybe next time BTC dump, we can put order near MA 120 to catch the potential profit.

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