Sell BTC around $6,969.17 | 15 June 2018

Technical Observation:

Yesterday, BTC pulled back to the upper side but is still below the daily line $8,969.17. I expect this upward rally to be a retracement towards $8,969.17 where I'll be looking for a long term sell with an ideal take profit at $6,119.10 or even lower. On its way to the lowerside, the key lines to check for include $6,119.10, $5,460.75, $5,021.00 and $4,542.00. As it is, I choose to remain short, but should the price break above $6,969.17, I expect a rally upwards. Technical Levels

Resistance levels

R1: 7611.28

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.