Bitcoin Possible Trades

We have a possible trading opportunity. Price moves between 2 trend lines which are the signal lines at the same time. If price breaks above the downtrend line, it will be a long opportunity. For up movement we'll need bullish signals from MACD histogram and DMI indicator which must confirm strong up movement. In other way we'll have a good chance to get a fake breakout. Only after such confirmation we can buy above the downtrend line with stop orders below 2580.00. Take-profit orders must be placed at 2900.00 level. If price breaks below the uptrend line with MACD and DMI confirmation, we'll have a sell opportunity. We'll be able to sell below the uptrend line with stop above the local swing high and profit target near 2200.00 level.

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