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FX.co ★ Bitcoin analysis for December 14, 2018

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Crypto Analysis:::2018-12-14T14:44:11

Bitcoin analysis for December 14, 2018

Bitcoin analysis for December 14, 2018

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

With InstaForex you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4.

Analyst InstaForex
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