Bitcoin Trading Idea

Price reached MA100 and the support level 750.00. It can be a good reversal zone with following up movement. We can think about long trades only and search for the best entry levels. For placing pending orders, we must get confirmation from MACD and RSI that price bounces from the level 750.00 or MA100 and it's going to move higher. Profit target is the resistance level 900.00 and as for stop orders, they must be placed below 750.00 level. If price breaks MA100, the support levels 750.00 and 700.00, it will be a signal for possible down movement and opening short trades. You can trade based on the daily and hourly charts.