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BTC looks like buyers are gaining grounds | 06 July 2018

06 July 2018, BTC

BTC looks like buyers are gaining grounds

Technical Observation

BTC is currently trading with an increasing bullish bias momentum. Yesterday, a rally upwards saw the price rising above the three SMAs, 14, 52, 90 and is still pretty much above these trend line, perfectly as I started, this crpto has gained momentum after establishing a support around 5700.00. Unless there's a another break below these three SMAs with a big red candle, I expect a surge upwards with an ideal take profit at $7643.35. On its way upwards, the key lines to check for include $6,931.80, and $7,643.35.

Trade Signal.

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101% Double the volume

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Imelda Maseno
Analyst of «FreshForex» company
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