FX.co ★ Bitcoin analysis for January 08, 2019

Trading recommendations:

According to the 30M time - frame, I found that BTC broke the bullish flag patten in the background, which is a sign that buyers are in control. I have also found a strong impulsive move in the background, which is another sign of strength. My advice is to watch for buying opportunities. The upward targets are set at the price of $4.050 and at the price of $4.186.

Support/Resistance

$4.050 – Intraday resistance

$3.930– Intraday support

$4.050 – Objective target 1

$4.186 – Objective target 2

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