Wait | 25 September 2018

Technical observation

On the 4Hour chart above, BTC could not be contained above the supportive zone $6552.37-$6512.61,on the previous hour, price broke below the zone with a big red candle and is still declining, I expect either a correction to the zone followed by a rejection within it for possible bearish momentum towards $6129.85 and a possible breakout below it for a further decline in price towards $5851.84,or,a correction to $6552.37-$6512.61 followed by a penetration above it for possible bullish momentum towards $6917.06.In case there’s a breach above the zone then this was a false breakout, continue long.

Trade signal

Wait for a correction to $6552.37-$6512.61 to trade BTC.

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.