XBTEUR Entry Levels

If you buy Bitcoins on crypto exchanges supporting EURO, this post helps you to spot possible entry levels. Yesterday I wrote about BTCUSD and how we should trade this market. You will find this post in related ideas. Just read it in order to understand the main idea. As for XBTEUR, this market also has the same price movements but different entry levels for possible buy trades. We can see that the market is near the possible high. RSI is in the overbought zone and it confirms possible downward movement. We must be very careful with long trades. We should expect for possible retracement to the middle or the trend line of the ascending channel. These levels will be good for buying and building long positions. Don't forget that all buy signals must be confirmed by bullish candles and RSI reversals.