BTC –
Wave Analysis:
After establishing a support around 6118.50, Bitcoin headed straight to the upperside and is still pretty much bullish. As long as the price is contained above 6562.90, we expect nothing but a possible momentum to the upperside. On the hourly chart attached, we’re waiting for a slight extension of the corrective wave (4) to the lowerside and should not break below 6562.90. Any clear rebound sign around 6562.90 will attract a long term long position with an ultimate target at 7302.10. The anticipated bullish price rally is the continuation of the impulsive wave (5) and should first break above 7302.10 to the upperside.
Trade Recommendations:
Waiting to rebuy BTC around 6562.90.
101% Double the volume
!Attention!
All bonus participates in drawdown!
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