Bitcoin New Entry Levels

In spite of the bullish market in long run, the price could not break the resistance zone from the 1st attempt. We could see a price reversal from the downtrend line and downward movement. The price broke the uptrend line and SMA20 and now it's at a possible support zone formed by SMA50 and 10000.00 support level . RSI drops to the oversold zone. We should be ready to see a price reversal from this zone. If so, we'll be able to open buy trades based on a confirmed reversal signal. If the price breaks this support zone and moves lower, the next one will be at SMA100 and 9000.00 level. Probably we’ll get solid signals from indicators confirming the price reversal. This zone will be good for buying too based on a reversal signal. RSI will have to confirm price reversal. MACD histogram will have to support the upward movement. The profit targets for these long trades should be at the downtrend line. It will be better to fix the profit at the strong resistance line and open new long positions based on a breakout above the downtrend line and 12000.00 level.
Comment: The 1st support zone was reached. Keep an eye on the price action in this zone. Will 10000.00 support level hold the market?
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+1 Reply
So are you still waiting for a test of 9k to trade here?
So much sitting around when you could be trading Bitcoin
Maybe those that prefer to day trade might find this dude helpful. Have only been following him for 8 weeks but he's made me over 9600 pointsjust following his trading updates.
Does any one know of a better short term guy on Tv? Really want to share intel/experience

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@Sara-66, check out the chart guys, they are also on youtube
excellent work sir. thanks for sharing.
My idea is this :
+2 Reply
Don't you think that 1st wave should retrace at least 63 %?
thank you verry much Mister Lavrov ! your predictions are hghly the best , you are the special one ! can you explain how bitcoin can be manipulated by the whales???? is this true ? soo far btc is the mous descentralized coin????????????????????? thnks a lot my teacher!
Nice Eye.....

+2 Reply
no volume in 10000
+1 Reply
Nope. 10k won't hold
+2 Reply
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