Trading recommendation: Bitcoin

The trading idea is based on price changes from a strong support zone. This is a new attempt to open a long position near the possible bottom. RSI confirmed the price change. The MACD histogram supports possible upward movement. DMI allows you to open long trades. The starting level should be at the level of 13510,00 with the stop-loss at the level of 12650,00. Take profit is 14510.00 and 16000.00. Part of the trading volume should be left for a long time. Please note that the market is now unstable, and it still has the potential to reduce to a level of 10,000.00. It is better to use stop loss and proper risk management. If you do not use a shoulder, the trade volume for this transaction is up to 10% of your deposit.

Market: BTCUSDT

Purchase: 13510.00

Stop-loss: 12650.00

Take-profit: 14510.00 and 16000.00

The trading signal is based on the Poloniex diagram.

Disclaimer: The analyst has no investment in Bitcoin.