BTC –
Technical observation
BTC is currently rallying below the resistance zone $6556.37-$6512.61, this is a potential sell zone and unless there’s a clear bullish breakout above this zone with a big green candle, I’m waiting for a bounce from this zone to short BTC with my take profit at $6129.85 and stop loss slightly above $6552.37.Should price break above this zone with a big green candle, then I’ll wait for a pullback to the same zone to long BTC with my take profit at $6917.06 and stop loss slightly below $6512.61.My advice, wait for a bounce from $6556.37-$6512.61, then sell BTC within it with your take profit at $6129.85 and stop loss slightly above $6552.37.
Trade signal
Sell BTC within $6556.37-$6512.61 with your take profit at $6129.85 and stop loss slightly above $6552.37.
101% Double the volume
You may check other analytical reviews on FreshForex website. Source: freshforex.com.