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Only buy BTC above $6,969.17 | 19 June 2018

19 June 2018, BTC

Only buy BTC above $6,969.17

Technical Observation

BTC is currently trading with a neutral bias. Last trading day, BTC rose narrowly but is still below the daily resistance level $6,969.17. Unless there's a clear breach above this line with a big green candle, I expect a bounce from this line ,$6,969.17, to short BTC with the first take profit at $5,460.75, and the next at $4,521.00. On the other side, should the price break above $6,969.17, then I'll wait for a pullback to the just broken line to buy BTC with a ideal take profit at $11,299.08. On its way upwards, the key lines to check for include $9,683.50 and $10,727.55.

Trade Signal.

Only buy BTC above $6,969.17

101% Double the volume

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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.
Imelda Maseno
Analyst of «FreshForex» company
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