Bitcoin analysis for November 30, 2018 - ConsultFX

Bitcoin analysis for November 30, 2018


Trading recommendations:

According to the H1 time frame, BTC did break the neckline of the head and shoulders pattern (bearish) which is a sign that sellers took control from buyers, and there is a change in short-term trend dynamic. My advice is to watch for selling opportunities. Downward targets are set at the price of $3,772 and at the price of $3,512.


$4,077– Intraday resistance

$3,915– Intraday support

$3,772 – Objective target 1

$3,512 – Objective target 2

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 -