Trade Recommendation: Bitcoin RECOMMENDATIONS
Published 2 days ago on December 30, 2017
By Dmitriy Lavrov
RELATED TOPICS: The support zone 1 still holds the market. If the price bounces from it, we should be ready to catch a new upward movement. The safe entry can be done based on a breakout above the downtrend line and the previous swing high. We can place pending orders for buy at 15300.00 level with stop orders below the previous swing low at 11500.00 level. The main profit target is 20000.00 level. As for long term trading, the profit can be fixed at 25000.00 level. Alternative variant: if the price breaks the 1st support zone, new trading opportunities should be at 10000.00 level. If you don’t use leverage, trading volume for this trade is up to 20% from your deposit.
Market: BTCUSDT
Buy: 15300.00
Stop: 11500.00
Profit Targets: 20000.00 and 25000.00
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