BTCUSD Next Move Analysis by Ec Crypto

11. Juni 2018

BTC remains in a lateral movement after downtrend last days fluctuating between a resistance line of $7,200 and a support line of $6,630. If the candlestick breaks out the resistance line, we will take a LONG position to reach our 1st Target at $7,800 (15.89%) and maybe the price will reach our 2nd Target at $8,300 (23.35%). If the candlestick breaks out our support line, we will take a SHORT position and wait for the price to hit 1st Target at $6,000 (10.87%) or the price might as well hit 2nd Target at $5,500 (18.30%).

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