DLavrov
Long

Bitcoin Buy Opportunity

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Now the 1st support zone holds the market and it can be a starting point for a new upward movement. We can spot a double bottom chart pattern which gives us a possible trend reversal signal. This pattern will be realized as a reversal one when the market moves above the previous swing high. If the price breaks the downtrend line and rises above 15000.00 level, we'll get confirmed trend reversal signal and a new buy opportunity. RSI confirms price reversal from the 1st support zone . MACD supports the upward movement and DMI allows opening long trades. Entry level is 15100.00 with stop below the local swing low at 11500.00 level. Profit targets are 20000.00 and 25000.00 levels. The part of trade can be left for long run. Alternative variant, if the price bounces from the downtrend line, probably we'll see further downward movement to the 2nd support zone . This zone looks more solid and it's better for opening long positions.

P.S. You can read more details about these support zones in my previous post about Bitcoin             . The link is below this post.
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Dear Dmitry,
How is my analysis looks like? Possible breakout @ 14,800 & January 1
https://i.imgur.com/jJc1kOb.jpg
Reply
Do we have an update here?
Reply
Hey @DLavrov take a little look in my chart idea:
+1 Reply
TIME TO BUY !!!! 10k in your dream :))-- put your seat belts on , we are taking off
Reply
mkhaytman tonysd858
@tonysd858, Always smart to wear your seat belt during a crash.
+4 Reply
Will the Fork negatively or positively impact BTC's trend? Also wondering if now's a good opportunity to buy some more BTC, prior to the fork? Thanks very much!
+1 Reply
hi is the fork dec 28th real ?
Reply
Soegstad kingpro1
@kingpro1, Yes!
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Thank you sir, good to see that you also didn't panic after a healthy correction. We seem to have a similar style of analysis.

.png' width='800' alt='BTC new pump before hardfork Segwit2x + free BT2'>
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@Jelmerrr, Is it going to hit 10ish?
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