Bitcoin BTC/USD is trading at 3350 and continues to move as part of the bullish correction. Quotes BTC/USD is trading inside the Ichimoku Kinko Hyo Cloud. This indicates a side trend. As part of the Bitcoin prediction & analysis BTC/USD December 17, 2018, Ichimoku Kinko Hyo Cloud is expected to test the upper boundary near the level of 3380. Where should we expect a rebound and an attempt to continue the fall of Bitcoin cryptocurrency with a potential target of 3100.
Bitcoin prediction & analysis BTC/USD December 17, 2018
In favor of reducing the cryptocurrency quotes of BTC/USD, a test of the resistance area will come out. As well as a rebound from the upper limit of the descending channel. Earlier, a weak signal was received for BUY the Bitcoin cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 3280.
Cancellation of the bitcoin quote reduction option will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with quotes closing above the 3450 area. This option will indicate a change in the side trend in favor of the upward trend and the continued growth of the Bitcoin rate. Expect confirmation of a fall in BTC/USD quotes with a breakdown of the lower boundary of the Indicator Cloud and closing below 3250.
Bitcoin prediction & analysis BTC/USD December 17, 2018 involves an attempt to correct cryptocurrency and test the resistance level near the area of 3380. Where can we expect to continue the decline of Bitcoin with a potential target near the level of 3100. Cancellation of the fall option will be a strong growth and breakdown of the 3450 This will indicate a continuation of the climb.
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