RE: $6,300: Bitcoin Price Hits Record High

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$6,300: Bitcoin Price Hits Record High

in news •  7 years ago 

The price bounced from SMA100 line and moved to 6000.00 resistance level . RSI confirmed price reversal. Now we have a situation when MACD and DMI 2.12% support further upward movement. It's buy opportunity and we can entry the market based on a breakout signal above the resistance level . Pending orders should be placed at 6050.00 level with stop orders below the local 1.08% swing low at 5600.00 level. Profit targets are based on round numbers like 6500.00 and 7000.00 levels.

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