Sell BTC around $6,969.17 | 03 July 2018

Technical Observation

Since Friday last week, BTC has picked a momentum to the upper side but is still below $6,969.17. I'm waiting for a breakout above this line to pick a long position. However, should the price get rejected from $6.969.17, then I'll expect a rally to the lower side. I therefore advice remaining flat for now but wait for either a breakout above $6,969.17 to buy BTC or a rejection to short this crypto towards $5,470.05. On its way to the lower side, the key lines to check for include $6,006.30, $5,542.00. If these lines are broken, then I'll expect another break below $5,470.05.

Trade Signal.

Sell BTC around $6,969.17

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.