sasha_morozov

Bitcoin buy opportunity (1D)

sasha_morozov Updated   
BITSTAMP:BTCUSD   Bitcoin
I see a good opportunity to buy bitcoin at 3200

Drawing the trend line from the peak of 2013 and the peak of June 2017, I see that a market reversal can occur here.
Also, the MA 100 is at 3210, which once again confirms the strong support zone at this level.

cRSI and Stochastic RSI are extremely oversold.

If it falls below, then the potential reversal points are 3000 and 2800.
If it breaks too, then it's an occasion to open a bottle of whiskey and get out of the market for a while :))

And remember, the reversal of the market should be confirmed by a very strong buy volume.

Good Luck!
Comment:
Excellent rebound! The volume also looks great.
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