FX.co ★ Bitcoin analysis for December 10, 2018

Trading recommendations:

According to the H1 time - frame, I found a potential bullish flag in creation, which is a sign that selling looks risky. I also found that price failed to test lower Keltner band, which is another sign of potential strength. My advice is to watch for buying opportunities. The upward targets are set at the price of $3.569 and at the price of $3.667.

Support/Resistance

$3.569– Intraday resistance

$3.407– Intraday support

$3.569 – Objective target 1

$3.667 – Objective target 2

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