ForecastCity
Long

Don't miss the great buy opportunity in BTCUSD

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (7152.05). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.

Take Profits:
TP1= @ 8236.90
TP2= @ 9162.55
TP3= @ 10476.45

SL= Break below S2
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Comments

I agree, the rising volume is supporting this.
+3 Reply
ForecastCity Alexander_007
@Alexander_007, 👍👍
+2 Reply
Thanks
+3 Reply
@Kamryn, ;-)
+2 Reply
Clean analysis
+3 Reply
ForecastCity Kristalyn
@Kristalyn, Thanks
+2 Reply
I really found this idea so helpful and professional.
+3 Reply
@fxniki, We appreciate your support here.
+3 Reply
Thanks
+2 Reply
ForecastCity christianpeters1997
@christianpeters1997, You're welcome.
+1 Reply
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