Trade Recommendation: Bitcoin (BTCEUR) | Hacked: Hacking Finance
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Trade Recommendation: Bitcoin (BTCEUR)

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Trade Recommendation: Bitcoin (BTCEUR)

Introduction

This article was posted on Tuesday, 11:39, UTC.

The market stays above 3500.00 support level. This level can be a starting point for a new upward movement. We must be ready to join this movement. Pending orders for buy can be placed above the local swing high and the downtrend line. It’s 3720.00 level. If the price breaks the downtrend line and moves above 3700.00, it will be a confirmation of further upward movement. Stop orders must be placed below the support level. Profit target should be at the resistance level. If the market drops below 3500.00 level, buy orders must be deleted. If you don’t use leverage, recommended trading volume for this trade is up to 5% from your deposit.

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Market: BTCEUR
Buy: 3720.00
Stop: 3400.00
Profit Targets: 4100.00

The trading signal is based on Kraken chart.

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Dmitriy Lavrov

Dmitriy Lavrov

Dmitriy Lavrov is a professional trader, technical analyst and money manager with 10 years trading experience. The main covered markets are Forex, Commodity, Cryptocurrency. Provides personal education for those who are interested in profitable trading. Entries in TOP 10 among TradingView authors.

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The price bounced from the uptrend line and 1.19500 support…