we're long | 22 June 2018

Wave Analysis

During the previous trading day, Bitcoin did not make any serious moves to our target. Bitcoin is still consolidating above 5911.86-6360.05 and is not showing any signs of breaking below it. As long as the price remains above this zone, we expect a possible rally to the upper side. But should the price break below this zone, then we expect a possible momentum to the lower side with an ultimate target at 5211.00. On the bull side, in case of a break above 9723.50, then we expect a potential momentum further upwards to 12733.8.

Trade Recommendations:

As long as the price is above 6390.03, we're long.

101% Double the volume

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.