Sell BTC on a slight retracement | 31 July 2018

Technical Observation

BTC is currently bouncing from a resistance trendline. While the price is contained below this trendline, I expect a spike to the lower side.; If you're not already in a short position, you can still look for short positions now and have your take profit at 5966.73. The idea is not to go short now, but to wait for a slight retracement upwards, then sell BTC. On you way to the lowerside, the key lines to check for include $7,243.60, and $6,343.70. If these lines are broken, then I'll expect a spike towards $4,540.90.

Trade Signal.

Sell BTC on a slight retracement

101% Double the volume