Bitcoin Trend Series / EP. 747 / 3rd Dec. 2018steemCreated with Sketch.

in #bitcoin • 6 years ago

Recapitulation

  • Bitcoin price found difficulty to recover and still resume the main bearish trend, so overall our bearish setup stands intact, conditioned by the price stability below 4.300K.

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Market Factors

Technical

  • The bearish trend is still suggested unless breaching 4.300K and holding above it.
  • If the price sink below 3.860K then we could see further capitulation towards the negative target at 3.475K.

Sentiment

The short term trend is Bearish

Support 1: 3860.000 level.
Resistance1 :4300.000 level.

Support 2: 3475.000 level.
Resistance2 :4480.000 level.

Expected trading for today:
is between 3475.00 and 4300.00.

Expected trend for today :
Bearish.

YOU SHOULD NOT TAKE ANY MATERIAL POSTED ON THIS BLOG AS RECOMMENDATIONS. TO BUY OR SELL BITCOIN OR ANY OTHER INVESTMENT VEHICLE LISTED.

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Writing a series means playing a long game,
investing considerable time and effort up front in
hopes of substantial returns down the road.
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#trending #cryptocurrency #money #steem-bounty
6 years ago in #bitcoin by
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     6 years ago 

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