Bitcoin Buy Signal

The price bounced from Kijun line of Ichimoku indicator. RSI and a bullish candle confirm price reversal. DMI allows open long trade. Pending orders for buy should be placed at 4510.00 level. Stop orders can be below the low of the signal candle. It's 3880.00 level. If you don't use marging trading, you can open long trades without stop. The main thing is, your trading volume should be upto 5% from your deposit. In such way you will be able to pass through possible drawdown without problems. The main profit target should be at 5000.00 level and the part of long positions can be left for long run. If the market drops below Kijun line, the next reversal signal will be near the cloud.