DLavrov

Bitcoin Buy Opportunity

Long
POLONIEX:BTCUSDT   Bitcoin / Tether USD
The price bounced from SMA100 line and moved to 6000.00 resistance level. RSI confirmed price reversal. Now we have a situation when MACD and DMI support further upward movement. It's buy opportunity and we can entry the market based on a breakout signal above the resistance level. Pending orders should be placed at 6050.00 level with stop orders below the local swing low at 5600.00 level. Profit targets are based on round numbers like 6500.00 and 7000.00 levels.

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