Bitcoin analysis for November 27, 2018

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Trading recommendations:

According to the H1 time - frame, I found that price is trading inside of the downward channel, which is a sign that sellers are in control. I also found a broken intraday support trendline, which is another sign of weakness. My advice is to watch for selling opportunities. The downward targets are set at the price of $3.454 and at the price of $3.253.

Support/Resistance

$3.820 – Intraday resistance

$3.454– Intraday support

$3.454 – Objective target 1

$3.253 – Objective target 2

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