Resell Bitcoin | 27 February 2018

Wave Analysis:

Yesterday, we saw a correction of the impulsive wave (v) to the upper side but still below the upper resistive trend line. As long as the upper trend line protects the upper side, we expect a rebound from this level to resell the impulsive wave (v) to the lower side with our first target at 4666.02 and the next target at 3594.00. A break below these lines may culminate into further bearish rally towards 1000.00 or even lower. A rise beyond the upper resistive trend line may push the price upwards towards 13000.64 which is the recent weekly high.

Trade Recommendations:

Resell Bitcoin now towards 4666.02

The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.