The price bounces from the support zone formed by SMA100 and 3000.00 support level. RSI and MACD histogram are going to confirm price reversal. In spite of DMI shows strong downward movement, the current levels are good for buying in long term. Open long trades above 3600.00 level with stop at 2900.00 level. The main profit target is 4800.00 level and the rest of long trades can be left for long run.
Get more trading ideas here https://www.tradingview.com/u/DLavrov/
Hell yeah, people that bought at 3000 made already a ton today! Reaction to that dive was fierce, the buy support is too big! Love it
Negative. We drop to $2400 this weekend.