BTC –
Technical Observation:
Yesterday, BTC barely moved an inch from it’s daily opening price, I expected the value of BTC to plummet further towards $8,625.70, but as it appears, BTC could break above $9,471.80 instead of continuing to the lower side. On its way to the upper side, the key lines to check for include $11,237, $9,385 and $8,900. If $11,237 can be broken, then BTC could be headed towards last year’s highest high $19,000.00.
Technical Levels
Resistance levels
R1: 11367.4
R2: 9385.3
R3: 8900.51
Pivot
9234.40
Support Levels
S1: 5932.01
S2: 5622.21
S3: 5388.20
Trade Signal
Buy BTC above $9471.80
You may check other analytical reviews on FreshForex website. Source: freshforex.com.