BTC –
Technical Observation
Despite the bullish pin bar seen last week on Friday, BTC barely rallied higher yesterday. That, it only moved slightly upwards and is still below $6,969.17. The price is still within the sellers area, and unless there’s a clear breach above $6,969.17 with a big green candle, I expect a surge downwards. On its way to the lowerside, the key lines to check for include $5,417.90, $4,542.23 and $3,451.00. And should these lines be breached, then the price will likely to head further to the lowerside with the next ideal take profit at $2,500.00.
Trade Signal.
Still looking to sell BTC towards $5,417.90
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