FX.co ★ Bitcoin analysis for June 19, 2018

Trading recommendations: According to the H1 time - frame, I found a breakout of the supply trendline in the background, which is a sign that buyers are in control. I also found an intraday bullish flag pattern in creation, which is another sign of strength. My advice is to watch for a potential breakout of the flag to confirm a further upward movement. The upward targets are set at the price of $6.870 and at the price of $7.200.

Support/Resistance

$6.757– Intraday resistance $6.634– Intraday support $6.870– Objective target 1$7.213 - Objective target 2

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