Buy BTC towards $9,731.20 | 09 July 2018

Technical Observation:

BTC is currently trading with an increasing bullish momentum. Last week, BTC rallied to the lowerside but ended up closing above its opening price. While the price is above the daily support line $6322.64, I expect a surge to the upperside with an ideal take profit at the weekly resistance line $18,577.70. On its way to the upperside, the key lines to check for include $9,731.20, $11,635.52 and $16,640.85. If these lines are broken then a rise towards last year’s highest high is expected.

Trade Signal.

Buy BTC towards $9,731.20

101% Double the volume