Sell BTC towards $5,213.0 | 12 June 2018

Techncical Observation

BTC is currently trading with an increasing bearish bias. yesterday, BTC plunged lower and even went below the daily support line $6,969.17 and is still rallying lower. I expect further surge to the lower side but should first break below $6,119.10. If this line is successfully broken, then the price will likely surge to the lower side towards the $2,200.00 handle. On its way to the lower side, the key lines to check for possible reversals include $5,213.00, $5,120.32, $4,542.20 and $3,542.00. A buy position will only be ideal in case the price again gets above $6,969.17.

Trade Signal.

Sell BTC towards $5,213.0

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.