Still within sellers boundary | 01 March 2018

Technical Observation:

Following the last day's forecast. Nothing significant has changed on this crypto currency. I'm seeing the possibility of price consolidating below $11964.46 before an thrush to the lower side is seen. I went short few days ago when price bounced off from the resistance zone $11984.48-$11640.83, and is still hanging in. My expectations is that the price should retest this zone before my a momentum to the lower side is observation. While the price is below $11964.46, I focus on sell positions, however, a rise above $11984.48 with a big green candle will mean looking for a long position towards $19241.70..

Trade Signal.

Sell BTC around $11984.46

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.