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Remain short | 20 September 2018

20 September 2018, BTC

Remain short

Technical observation

BTC is still rallying on a bearish bias, price corrected to the resistance zone $6566.96-$6533.44 but could not penetrate above it and was rejected around it and is currently moving towards the support $6135.92,I expect a breakout below it for a further decline in price. If you bought BTC within $6566.96-$6533.44,remain short with your take profit at $6135.92 and stop loss slightly above $6566.96.Long positions may only be advisable in case there’s clear breakout above the zone $6566.96-$6533.44 with a big green candle followed by a correction towards the resistance line $7091.17 or even higher to $7449.16.

Trade signal

Remain short.

101% Double the volume

!Attention!
All bonus participates in drawdown!
Imelda Maseno
Analyst of «FreshForex» company
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