Midday update for bitcoin 18-12-2018

Economies.com
2018-12-18 11:20AM UTC

Bitcoin price shows some bearish bias on its way to retest the previously breached resistance of the falling wedge, and as long as the price is above 3355.00, the bullish trend scenario will remain active for the upcoming period, supported by moving above the EMA50, reminding you that the next main target reaches 3920.00.

 

Expected trading range for today is between 3300.00 support and 3900.00 resistance

Expected trend for today: Bullish

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