(09 AUGUST 2018)Bitcoin / Dollar:Key resistance at 6430.

(09 AUGUST 2018)Bitcoin / Dollar:Key resistance at 6430.

9 August 2018, 09:47
Jiming Huang
0
61

btc

Pivot (invalidation): 6430

Our preference

Short positions below 6430 with targets at 6100 & 5800 in extension.

Alternative scenario

Above 6430 look for further upside with 6630 & 6840 as targets.

Comment

The upward potential is likely to be limited by the resistance at 6430.


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