Buy BTC towards $9,683.50 | 08 June 2018

Technical Observation

Upon bouncing from the daily support line $6,969.17, BTC has been trading on the higher ranges but is now approaching a short term resistance line $8,094.15. Today, I expect a surge upwards and should break above this line towards the next key line $8,752.50, with the last take profit being $9,683.50. If this last one is again broken, then the price could be headed towards last years highest high $19,000. As it is, only buy positions are recommended, but should price break below $6,969.12, then expect a surge lower.

Trade Signal

Buy BTC towards $9,683.50

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.