Technical crypto analysis based on breakout – Sell BTC within 6566.96-6533.44

BTC –

Sell BTC within 6566.96-6533.44

Technical observation

BTC is still trading below the resistance zone 6566.96-6533.44, I expect a correction to the just mentioned zone followed by a rejection within it for possible bearish momentum of price towards 6135.92. Wait for the correction to 6566.96-6533.44 and a rejection then short BTC within it with your take profit at 6135.92 and stop loss slightly above 6566.96.In case of a clear breakout above 6566.96-6533.44 with a big green candle instead of a rejection within it, wait for a correction to it confirming possible bullish momentum towards 7091.17 before you pick long positions within it with your ideal target at 7019.17.

Trade signal

Sell BTC within 6566.96-6533.44 with your take profit at 6135.92 and stop loss slightly above 6566.96.

101% Double the volume

!Attention!
All bonus participates in drawdown!

More detailed

You may check other analytical reviews on FreshForex website. Source: freshforex.com.