FX.co ★ Bitcoin analysis for December 19, 2018

Trading recommendations:

According to the H1 time frame, I found that BTC had tested the level of $3.765. In addition, there is a breakout of the intraday downward channel, which is a sign that buyers are in control. The short-term trend is bullish. My advice is to watch for buying opportunities. The upward target is set at the price of $4.045.

Support/Resistance

$3.735 – Intraday resistance

$3.640– Intraday support

$4.045 – Objective target

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