FX.co ★ Bitcoin analysis for June 18, 2018

Trading recommendations: According to the H1 time - frame, I found a rejection of resistance trendline in the background, which is sign that buying looks risky. I found intraday rising trendline and my advice is to watch for potential breakout of trendline to confirm further downward continuation. The downward target is set at the price of $6.157.

Support/Resistance

$6.500– Intraday resistance $6.350– Intraday support $6.157– Objective target

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