Bitcoin Buy Signal

The price bounces from the uptrend line. RSI confirms price reversal. We can try to catch possible upward movement. Pending orders for buy must be placed above 4325.00 level. Stop orders must be below the uptrend line and the local swing low. It's 4134.00 level. Profit target should be at 4500.00 level.

Yorum:

The price breaks the uptrend line. We should be ready to see further downward movement to 4000.00 level at least.