we're looking for a short position. | 12 September 2018

Wave Analysis

Bitcoin is currently rallying around a key support level 6208.52. As we forecasted previously, we still expect a steep decline with an ultimate target at 5909.20. If you're not short already, you can wait for a break below this level to look for a long term short position with an ultimate target at 5,909.20. A buy position can only be recommended in case the price breaks above 6534.50, if this is the case, then we'll expect a possible rally further upwards with the first ideal target at 7340.20 and the next at 8000.00.

Trade Recommendations:

we're looking for a short position.

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.