Wait | 28 March 2018

Technical Observation

Those that already bought bitcoin are afraid to sell it, for the fear that that it could gain value by the end of this year, while those that wants to buy it, are reluctant to buy it, they are waiting for price to plummet further so that they can buy it cheap. This is evident by yesterdays's daily candle, BTC made literally no move to the lower side or upper side, indecision candle. As it is, I can safely advice traders willing to trade this Crypto to remain flat, and only buy BTC upon a bounce from $6,945.12, or sell upon a break below towards $1,000.00.

Trade Signal:

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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.