FX.co ★ Bitcoin analysis for December 17, 2018

Trading recommendations:

According to the H1 time - frame, I found that BTC did a successful breakout of the downward channel in the background, which is a sign that buyers are in control. I also found rising MACD oscillator, which is another sign of the strength. My advice is to watch for buying opportunities. The upward targets are set at the price of $3.498 and at the price of $3.597,

Support/Resistance

$3.498 – Intraday resistance

$3.087– Intraday support

$3.498– Objective target 1

$3.597 – Objective target 2

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