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Wait | 11 September 2018

11 September 2018, BTC

Wait

Technical observation

BTC is pulling back to the resistance zone $6566.96-$6507.45.I expect nothing but a rejection of price within the zone for possible momentum to the lower side, and a possible rally to $5964.05 and a possible breach below it below it for a further decline in price. I’m waiting for the rejection of price within the zone to pick long positions with my ideal target at $5964.05 and stop loss slightly above$6566.96.Should there be a breakout above the zone with a big green candle, wait for a confirmation of possible bullish momentum of price before you pick long positions with your ideal target at the line 7091.17

Trade signal

Wait for the correction to $6566.96-$6507.45 to sell BTC.

101% Double the volume

!Attention!
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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.
Imelda Maseno
Analyst of «FreshForex» company
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