Wait for a buy position | 13 August 2018

Technical Observation: After a drastic decline in value, BTC is now showing signs of bouncing from the hourly support level 6031.85. This is a key level and as long as the price remains above this level, we expect a possible rebound from it to pick a long term long position with an ultimate target at $8,311.10. On its way to the lowerside, the key lines to look for include $7,053, $7,680.70 and $8,311.10. And should the price breakout below $6,031.85, then this will be a good place to look for long term short position. Trade Signal. Wait for a buy position

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.