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03.07.2018 11:32 AM
Bitcoin analysis for July 03, 2018

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Trading recommendations:

Recently, Bitocin has been trading upwards. As I expected, the price tested the level of $6.624 and met my first objective target. Anyway, according to the H1 time - frame, I found an intraday bullish flag in creation, which is a sign that buying may resume. My advice is to watch for a breakout of the bullish flag to confirm further upward continuation. The upward target is set at the price of $6.956.

$6.624 – Intraday resistance; $6.538 – Intraday support; $6.956 – Objective target

With InstaForex, you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Summary
Urgency
Analytic
Petar Jacimovic
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