(16 JULY 2018)Bitcoin / Dollar:As long as 6207 is support look for 6679
Analytics & Forecasts

(16 JULY 2018)Bitcoin / Dollar:As long as 6207 is support look for 6679

16 July 2018, 10:30
Jiming Huang
Jiming Huang
0
69

btc

Our pivot (invalidation) point stands at 6207.

Our preference

As Long as 6207 is support look for 6679.

Alternative scenario

Below 6207, expect 6026 and 5918.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace.

Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 6340 and 6283).

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