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Buy bitcoin above 7711.35 | 24 July 2018

24 July 2018, BTC

Buy bitcoin above 7711.35

Wave Analysis:
During the previous trading day, Bitcoin rallied intensely to the upperside and is still pretty much bullish both on the lower and the higher time frames. Yesterday, Bitcoin established a short term resistance at 7711.35. We’re patiently waiting for a breakout above this level to pick a long position with an ultimate target at 11073.255. The anticipated bullish price rally will be the continuation of the impulsive wave © and should first break above 8975.15 before a move further to the upper side is seen. However, should the price fail to break beyond 7711.35, then we may consider a short position.
Trade Recommendatiions:
Buy bitcoin above 7711.35

101% Double the volume

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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.
Bob Stan

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