Buy BTC towards $11,566.84. | 16 July 2018

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