11 July 2018, BTC
Bitcoin rallied slightly lower than expected but is still within the 4 hour supportive zone 5911.46-6390.03. Unless there's a clear breakout below this zone, we expect a possible rebound from it to pick a long position with an ultimate target at 12733.85. But, should the price break below 6390.03, then we'll wait for another break below 5911.46 to confirm a possible rally to the lower side. This downward rally should be an impulsive wave count and may break below 4000.00 towards 1245.20.
As long as the price is above 5911.46-6390.03, expect a momentum to the upper side
101% Double the volume