BTC –

Wait for breakout below 6135.92.

Technical observation

BTC pulled back to the resistance zone 6566.96-6533.44, price could not penetrate above it and was rejected before rallying steadily towards 6135.92, I expect a breakout below it with a big green candle followed by a correction to it for possible further decline in price, or a pullback to the above mentioned zone, followed by a rejection within it to re-sell BTC. Wait for the breakout below 6135.92 and a correction to it to sell BTC. In case there’s no breach below 6135.92 and instead there’s a pullback to 6566.96-6533.44, wait for the rejection of price to resell BTC within it with your ideal target still at 6135.92.

Trade signal

Wait for breakout below 6135.92.

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