Dear Steemians,
RISK LEVEL : MODERATE
LONG TERM HOLD , TARGET 350
FIRST BUY at 295 usdt . 2nd buy at 265
Few days back, with some good timing by Jamie and Chinese regulators with comprehensive ban, which started a panic sell. For i see no way that the Chinese regulators could ever achieve outside of the great wall. We all know the only way you could stop Bitcoin. Is to stop the internet !!!
As you can see from the charts the market bounced from the support line at 225 and 220. Confirmed price reversal on RSI which happen in the oversold zone. From the panic sells. MACD showa support for upward movement. We have buy opportunity. If the market moves above 13.00 resistance level , it will be a signal of futher upward movement.
It took me many hours to do all the research for this article and even more hours to write it. I’d really appreciate upvotes or resteems , if the provided information was kind of useful for you.
Here are some of my addresses:
CBX 5To9Qkf8642rp4xhNC4WLnFr9draQZiBpM
ETH 0xdF15E9399B9F325D161c38F7f2aFd72C11a19500
BTC 17mMPpySrRFECZRCJGSitcTGmoPL6egFLw
NEO ARaEQe3iMLHLqspx8hRaqMYcq4pbeNkR4B
Thank You