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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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Bitcoin analysis for June 18, 2018

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Trading recommendations: According to the H1 time - frame, I found a rejection of resistance trendline in the background, which is sign that buying looks risky. I found intraday rising trendline and my advice is to watch for potential breakout of trendline to confirm further downward continuation. The downward target is set at the price of $6.157.

Support/Resistance

$6.500– Intraday resistance $6.350– Intraday support $6.157– Objective target

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