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Buy BTC now | 23 July 2018

23 July 2018, BTC

Buy BTC now

Technical Observation:
BTC is currently trading with an increasing bullish bias momentum. Since breaking above the three simple Moving Averages, 14, 52, 152, BTC has remained contained above these three SMAs and is showing signs of rallying even higher. While the price is contained above these three, as I stated earlier, I expect a surge to the upper side with an ideal take profit at $9,468.80. On its way upwards, the key lines to check for include $7,817.10, $8,947.10, and $9,485.30. If these lines are clearly breached, then further momentum to the upper side is expected. I will only consider a short position should the price break below the three SMAs.
Trade Signal
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Imelda Maseno
Analyst of «FreshForex» company
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