DLavrov
Long

Bitcoin Double Bottom

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Price bounced from 2440.00 level and we can see a double bottom chart pattern. It's a reversal signal. Aslo the price reversal is confirmed by a bullish divergence formed by price and RSI . The market gives us a signal that probably it will rise in short term. If price can breaks the signal level above 2620.00 we'll get a confirmation for further upward movement. Stop orders must be placed below 2400.00 support level . Profit targets are at 2800.00 and 2900.00 resistance levels. Be careful with any trades in any crypto exchanges within these days. Segwit is coming.
Kommentar: The market dropped to 2400.00 support level. It's a reversal zone. For confirmation of an upward movement price will have to break the signal level.
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