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16 July 2018, BTC
technical Observation
BTC is currently trading with an increasing bearish momentum. The other day, BTC declined steeply but ended up establishing a daily support around $5,936.11. Unless there's a clear bearish breach below this line with a big red candle, I expect a bounce from this line to pick a long position with an ideal target profit at $11,566.85. On its way to the upperside, the key lines to check for include $7,605.15, $9,317.00 and $11,003.30. If these lines are broken, then the price will, continue towards my take profit at $11,566.85.
Trade Signal.
Buy BTC towards $11,566.84.
101% Double the volume
