Bitcoin at the support with Bullish mode !

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Hello, Traders!
Monfex is at your service and today we overview BTC/USD.

What do you expect from Bitcoin ?

At the moment, BTC are under the volume resistance zones. RSI has an clear uptrend, which convinces us to look more towards the bulls. MA100 - our support line and BTC has support price zone ~$ 8,185.
The possible formation of the double bottom and the target for it you see by this chartm it's for short-term.

What do we do now?

Active Trade Signal by BTC/USD
- Buy near $8,190
- Take profit $8,775
- Stop at $8,126

Share your thoughts, ideas about the market under the chart.

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GOOD LUCK AND LOTS OF PROFITS !!

Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Note
previous analysis
Bulls are ready to fight ! Bitcoin
Bitcoin (Cryptocurrency)bitcoinpriceBTCbtc_usdBTCUSDbtcusdlongBTCUSDTChart PatternsCryptocurrencyTechnical IndicatorsTrend Analysis

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