Buy BTC above $9,655.61 | 02 May 2018

Technical Observation

BTC pulled back slightly but is still being supported by both the two Simple Moving Averages (14, 52). This Crypto is still bullish, however, the best place to consider a long position is after a break above $9,655.61 and most importantly above the 152 Simple Moving Averages. The three most important lines to look for in this chart include $6,973.32, $9,655.61 and $11,535.51. If the price breaks above $9,655.61, then I expect a rally towards $11,535.51, and if this is broken, then I'll expect a surge towards $18,843.30.

Trade Signal.

Buy BTC above $9,655.61 towards $11,535.51

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.