Sell BTC around $6,969.17 | 18 June 2018

Technical Observation

BTC is currently trading with a neutral bias. Even after a break below $6,969.17, BTC is still reluctant to pick a momentum to the lower side. Rather, it keeps stagnating below this line, As I said earlier, this is a good sell place, and while the price is below $6,969.17, I expect a surge to the lower side. However, instead of going short now, you could wait for retracements upwards to sell BTC at the least risk. This sell positions will only be considered pointless in case the price break above $6,969.17, if this should happen, then I expect a rally upwards.

Trade Signal.

Sell BTC around $6,969.17

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.