Sell BTC within 6566.96-6533.44 | 17 September 2018

Technical observation

BTC is still trading below the resistance zone 6566.96-6533.44, I expect a correction to the just mentioned zone followed by a rejection within it for possible bearish momentum of price towards 6135.92. Wait for the correction to 6566.96-6533.44 and a rejection then short BTC within it with your take profit at 6135.92 and stop loss slightly above 6566.96.In case of a clear breakout above 6566.96-6533.44 with a big green candle instead of a rejection within it, wait for a correction to it confirming possible bullish momentum towards 7091.17 before you pick long positions within it with your ideal target at 7019.17.

Trade signal

Sell BTC within 6566.96-6533.44 with your take profit at 6135.92 and stop loss slightly above 6566.96.

101% Double the volume

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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.