20.06.201811:51 Forex Analysis & Reviews: Bitcoin analysis for June 20, 2018

Long-term review

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Trading recommendations: According to the H1 time - frame, I found a rising channel and potential end of a downward correction (abc), which is a sign that selling looks risky. My advice is to watch for a potential breakout of the supply trendline to confirm further upward movement. The upward targets are set at the price of $6.873 and at the price of $7.216.

Support/Resistance

$6.806– Intraday resistance $6.517– Intraday support $6.873– Objective target 1$7.216 - Objective target 2

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