Buy within $7154.60-7096.05 | 03 September 2018

Technical observation

Previously there was a breakout above the resistance zone $7154.60-7096.05,I expect a pullback to the just broken zone followed by a rejection within it for possible bullish momentum towards $7647.41 and a possible breach above it for a further rise towards $8218.28.As long as there’s no breach below $1096.05,I expect a rally to the upper side. I’m waiting to buy within $7154.60-7096.05 with my take profit at $7647.41 and the next at $8218.28, and stop loss slightly below $7096.05. Only long positions look ideal and can be recommended on the 4Hour chart above towards 47647.41.

Trade signal

Buy BTC within $7154.60-7096.05.

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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.