FX.co ★ Bitcoin analysis for November 26, 2018

Trading recommendations:

According to the H1 time - frame, I found a bearish breakout of the bearish flag in the background, which is a sign that sellers are in control. I also found the strong supply zone (a blue rectangle), which is another strong resistance. My advice is to watch for selling opportunities and go with the direction of the trend. The downward target is set at the price of $3.454.

Support/Resistance

$4.077 – Intraday resistance

$3.454– Intraday support

$3.454 – Objective target

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