Sell btc | 11 July 2018

Technical Observation

BTC is currently trading with an increasing bearish bias momentum. Few days ago, I forecasted a possible scenario where BTC could have rising but so far, no such move has been seen, instead BTC is slowly loosing value and is possibly headed towards further crash. I'm waiting for a break below last week's lowest low, to pick a low risk short position towards the monthly support seen at $4,521.20. If this support is broken, then the price will continue further to the lowerside with the next take profit being $2,542.12.

Trade Signal.

Sell BTC

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.