Trading recommendations:
According to the H4 time - frame, I found that BTC price rejected from the strong resistance zone ($6.803) in the background, which is a sign that buying looks risky. My advice is to watch for selling opportunities. The downward target is set at the price of $5.845.
Support/Resistance
$6.210 – Intraday resistance
$6.576– Intraday support
$5.845– Objective target 1
With InstaForex you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4.
The material has been provided by InstaForex Company - www.instaforex.com