(09 JULY 2018)Bitcoin / Dollar:As long as 6543 is support look for 7048
Analytics & Forecasts

(09 JULY 2018)Bitcoin / Dollar:As long as 6543 is support look for 7048

9 July 2018, 09:45
Jiming Huang
Jiming Huang
0
54

btc

Our pivot (invalidation) point stands at 6543.

Our preference

As Long as 6543 is support look for 7048.

Alternative scenario

The downside breakout of 6543 would call for 6349 and 6234.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The

pair could retrace. Moreover, the pair is below its 20 MA (6711) but above its 50 MA (6606).

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