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Only buy BTC upon a clear break above $6,969.17. | 05 July 2018

05 July 2018, BTC

Only buy BTC upon a clear break above $6,969.17.

Technical Observation

On Wednesday, BTC rallied upwards but is still below my sell place $6,969.17. While the price is still below this line, I expect a rise towards this line to sell BTC with my take profit at $6,006.30. Should this take profit be taken out, then I expect a surge further to the lower side towards $5,214.20. And should this line be breached, I expect a rally further to the upper side with my next ideal take profit at $9,683.50 and should this line be breached, then I expect a spike towards $11,298.04.

Trade Signal.

Only buy BTC upon a clear break above $6,969.17.

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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.
Imelda Maseno
Analyst of «FreshForex» company
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