Bitcoin Short-term analysis for upcoming days
- What is your price target for 01 December 2018 on Bitcoin?
Please answer in the comment section with exact price what you expect.
1. Price located at 5600 support level (5300-5500 Bitmex/Bitstamp).
This zone was short-term reversal zone for October-November in 2017.
2. Now candlesticks show hammer pattern in this support range.
3. RSI located at 1184 daily low (more that 3 years), so its extremely oversold now. So this allows me to think that we can wait for RSI rebound at least for 40 level.
- What is your price target for 01 December 2018 on Bitcoin?
Please answer in the comment section with exact price what you expect.
Commentaire:
market still boring, don't make any emotional decision
Commentaire:
Since daily hammer failed by another patters inside 1h TF
Bearish Divergence+Shooting Star+Rising Support breakout
Now:
4h TF showing bullish divergence
Bitfinex chart:
Bitmex chart:
On bitmex price holding in flat range
Bearish Divergence+Shooting Star+Rising Support breakout
Now:
4h TF showing bullish divergence
Bitfinex chart:
Bitmex chart:
On bitmex price holding in flat range
Commentaire:
Market maker wants to take all of your stop loss orders before real move
Commentaire:
ALTCOIN Market cap, showing more decline:
🔵 🟡 𝗙𝗥𝗘𝗘 & 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: t.me/+5hlxWmhHaKplN2Rk
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