Wait for a buy signal | 05 September 2018

Technical observation

BTC is still above the supportive zone $7125.32-7091.17,I expect correction to it followed by a bounce a from it that could push price to the upper side. I expect a rejection of BTC within the zone for a possible surge to the upper side towards the resistance $7647.41.Im looking forward to buying BTC within the zone with my ideal target at $7647.41 and stop loss slightly below $7091.17.Should there be a breach below the zone, wait for a pullback to it to confirm bearish momentum of price before you enter short positions towards the support$6465.21 or even lower to $5965.05 after a breach below $6465.21.

Trade signal

Buy BTC within $7125.32-7091.17.

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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.