ForecastCity

Excellent Long-Term Hunting Opportunity in BTCEUR, Don't miss it

Long
BITSTAMP:BTCEUR   Bitcoin / Euro
Trading suggestion:
There is possibility of temporary retracement to suggested support zone (11300.00 to 9600.00), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

.Beginning of entry zone (11300.00)
.Ending of entry zone (9600.00)

Take Profit:
TP1= @12745.95
TP2= @13245.20
TP3= @13788.50
TP4= @15020.00
TP5= @16780.00
TP6= @Free

Technical analysis:
.Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
.Relative strength index (RSI) is 49.
.Current short-term is range bound, but resumption of uptrend is expected.

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