We're short | 21 September 2018

Technical observation

Despite the correction to the upper side, BTC is still moving below the resistance zone $6566.96-$6533.44, while the price is below this zone I expect a possible rally to the lower side after a rejection of price within the zone. I’m looking to re-sell BTC within $6566.96-$6533.44 with my take profit at $6135.92 and stop loss slightly above $6566.96.Should there be a breach above the above mentioned zone with a big green candle, wait for a pullback to it to confirm bullish momentum of price before you pick long positions towards the resistance line$ 7091.17.Right now only short positions can be recommended .

Trade signal

Short BTC within $6566.96-$6533.44.

101% Double the volume

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.