sell BTC from $6,590.82 | 17 August 2018

Technical Observation

On the 4 hour chart attached, BTC is still below the 152 Simple Moving Averages, but above the remaining two , 14, and 52, SMAs, As I started sometimes back, while the price is still contained below the 152 Simple Moving Average, a steep decline in value is still expected. And with this in mind, I'm expecting this upward rally to be a retracement toward $6,590.82 where I'll be looking for a long term short position.

Trade Signal

sell BTC from $6,590.82

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.