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We're long towards 10023.03

15 May 2018, BTC

We're long towards 10023.03

Wave Analysis

So far, no significant move has been seen on this crypto since the beginning of this week, We expect a spike to the upper side, instead, bitcoin went below 6605.05, but has now pulled back above it. As long as the price is contained above 6605.05, we expect a possible momentum to the upper side, if you're not long already, then the level 6606.09 will be the best place to pick a low risk long position with an ultimate target at 10073.03. This view can only be invalidated in case the price breaks below 6606.09, this being the case, we'll expect a decline towards 7304.11.

Trade Recommendations:

We're long towards 10023.03

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Graham Osano
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