Bitcoin New Entry Level

The price broke the downtrend line and now it's going to pass through SMA100. MACD lines and DMI support further upward movement. The market gives us a new swing high which can be used for placing pending orders for buy and joining to the main uptrend. If the price breaks this high, we'll get an additional confirmation of the upward movement. Entry level is 15500.00 with stop orders at 12500.00 level. The main profit target is 20000.00 level and the rest of trade volume should be left for long run with the profit target at 25000.00 level.

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