Buy BTC towards $6,846.30. | 04 July 2018

Technical Observation

BTC is currently trading with an increasing bullish momentum. Yesterday, BTC rallied a bit higher than I expected and is now above there Simple Moving Averages (14, 52,90). As I stated almost one month ago, while the price is contained above these three, I expect a rally to the upper side . On its way upwards, the key lines to check for possible rejection include $6,846.30, $7,325.0 and $7,707.00. If these lines are broken, then a rise towards last years highest high $19k is expected.

Trade Signal

Buy BTC towards $6,846.30.

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.