Technical crypto analysis based on breakout – Buy BTC above $9,655.61


Buy BTC above $9,655.61

Technical Observation

For the first time since March this year, the daily candle is breaking above the 152 Simple Moving Average. If the price can successfully break above this SMA, and most importantly sustain this break, then I expect a surge to the upper side and should first break above $9,655.61 before continuing upwards towards $11,525.51. If you went long around $6,973.32, base on the previous forecasts, then you should remain long, however, if not, you should wait for a clear break above $9,655.61 to buy BTC towards $11,535.51.

Trade Signal.

Buy BTC above $9,655.61 towards $11,535.51

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