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Sell BTC at $6,969.17 | 25 June 2018

25 June 2018, BTC

Technical Observation:

On Friday last week, BTC pick up some momentum to the upper side but is still below the daily line $6,969.17. This is a key line and unless it is breached by a s big green candle, I'm patiently wait for a possible bounce from this line to short BTC with my take profit at $4521.00. On its way to the lower side, the key lines to check for include $5,417, $5,000.00 and $4521. A breach below these lines could push the price further lower.

Technical Levels
Resistance levels
R1: 6613.98
R2: 7153.79
R3: 8011.72
Pivot
6295.86
Support Levels
S1: 4579.98
S2: 5437.93
S3: 5756.05
Trade Signal
Sell BTC at $6,969.17

101% Double the volume

!Attention!
All bonus participates in drawdown!

FreshForex cancels commissions!


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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