short BTC towards $4,000.00 | 29 June 2018

Technical Observation

BTC is currently trading with an increasing bearish bias momentum. As I said yesterday, I still expect a rise towards $6,969.17 to short BTc towards $5,424.90. If this take profit is broken, then the price is likely to continue further to the lower side with the next ideal take profit at $4,245.00. On its way to the lower side, the key lines to check for include $5,424.90, $5,243.00, and $5,241.00. It is when these lines are broken, then I'll expect a clear drop towards $4,245.00. On the other side, should the price break above $6,969.17, then this will be the best place to look for a long position.

Trade Signal.

short BTC towards $4,000.00

101% Double the volume