Bitcoin price breaks the neckline – Analysis - 04-12-2018

Economies.com
2018-12-04 05:15AM UTC

Bitcoin price succeeded to break the neckline of the double top pattern and settled below it, to activate the negative effect of this pattern, waiting for more decline in the upcoming sessions, as our next target is located at 3475.00.

 

Therefore, the bearish trend will remain expected conditioned by the price stability below 4225.00.

 

Expected trading range for today is between 3400.00 support and 4000.00 resistance

Expected trend for today: Bearish

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