Flat | 28 June 2018

Technical Observation

Still, nothing much is happening here. BTC is not showing any clear directions. I expected a rise towards $6,969.17 but this is not the case, BTC is barely moving an inch towards my line. From the look of this chart, I advised looking for a short position around $6,969.17. I still remain with this idea, Remain flat for now but should the price rise towards $6,969.17, then this may be a good sell place. However, should the price breakout above this line, I expect a momentum to the upper side with the next ideal take profit at $9,683.50 and the next at $11,298.04.

Trade Signal.

Flat

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.