BIAS: BEARISH
Thursday, December 27, 2018
Wednesday, December 19, 2018
Tuesday, December 18, 2018
BITCOIN ANALYSIS 18TH DECECEMBER 2018
Bitcoin has been quite impulsive with the recent bullish momentum, leading the price towards $3,500-600 area. The price is currently residing inside the resistance area of $3,500-600 area from where it is expected to push higher towards $4,000 in the coming days if it manages to break above $3,600 area with a daily close. As the price remains above $3,000 area, the bullish pressure is expected to continue. Moreover, a daily close above $3,600 is expected to lead the price towards $4,000 area in the future.
SUPPORT: 3,000, 3,350, 3,500
RESISTANCE: 3,600, 4,000
BIAS: BULLISH
MOMENTUM: VOLATILE but IMPULSIVE
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