Bitcoin Buy Opportunity

The market bounces from 4000.00 support level. RSI confirms price reversal. MACD histogram is going to support possible upward movement. DMI confirms strong downward movement, but in spite of this we can trade. The market is in strong bullish trend and we should try to catch a new price movement as quickly as possible. Pending orders for buy can be placed at 4310.00 level. Stop orders should be at 3950.00 level. Profit target is at 5000.00 level and the main part of trading volume should be left for long run.

Comment:

If your long trade was closed by stop order, you can open a new one but with stop below the local swing low.