12.11.201812:55 Forex Analysis & Reviews: Bitcoin analysis for November 12, 2018

Long-term review

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Trading recommendations:

According to the H4 time - frame, I found potential double bottom formation, which is a sign that selling looks risky. The key resistance is set at the price of $6.339. If you see a valid breakout of the resistance, watch for buying opportunities. The upward target is set at the price of $6.445.

Support/Resistance

$6.339 – Intraday resistance

$6.233– Intraday support

$6.445– Objective target

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