wait for a potential buy. | 02 July 2018

Technical Observation

BTC rallied higher and even went above the three Simple Moving Averages $6,590.82. This could be a sign that bulls could be encroaching this market, therefore, we should be prepared for a long term long position. But, rather than looking for a long position now, its better to wait for a confirmation that the price will indeed continue to the upper side. A clear breakout above $6,690.82 will be a confirmation that the price will pick a momentum to the upper side. Should the price again go below the three, than the price could be headed to the lower side.

Trade Signal

wait for a potential buy.

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.