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Bitcoin analysis for December 14, 2018

analytics5c13c17954029.png

Trading recommendations:

According to the H1 time - frame, I found that BTC breached the support trendline in the backgorund and that upward correction has finished. My advice is to watch for selling opportunities. The downward targets are set at the price of $3.112 and at the price of $2.894.

Support/Resistance

$3.262 – Intraday resistance

$3.170– Intraday support

$3.112 – Objective target 1

$2.894 – Objective target 2

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