FX.co ★ Bitcoin analysis for June 21, 2018

Trading recommendations: According to the H1 time - frame, I found a rising channel and potential end of a downward correction (abc) in the background, which is a sign that selling looks risky. My advice is to watch for a potential breakout of the intraday supply trendline to confirm further upward movement. The upward targets are set at the price of $6.875 and at the price of $7.216.

Support/Resistance

$6.769 – Intraday resistance; $6.517 – Intraday support; $6.875 – Objective target 1; $7.216 - Objective target 2.

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