empty
 
 
13.12.2017 02:37 PM
Bitcoin analysis for December 13, 2017

This image is no longer relevant

Bitcoin (BTC) has been trading sideways at the price of $16,960. During the first week of December, the second largest bank in the U.S., Bank of America (BOA), was awarded a cryptocurrency exchange patent. The BOA cryptocurrency trading platform's concept summary outlines three types of accounts where users and businesses can swap digital assets instantly. The technical picture looks bullish.

Trading recommendations:

According to the 30M time frame, I found a broken supply trendline, which is a sign that selling looks risky. I also found that momentum is bullish using the moving average oscillator. My advice is to watch for potential buying opportunities. The upward targets are set at the price of $17,535 and at the price of $17,890.

Support/Resistance

$17,240 – Intraday resistance (price action)

$15,768 – Intraday support

$17,535 – First obbjective point

$17,890 – Second objective point

With InstaForex you can earn on cryptocurrency's movements right now. Just open a deal in your MetaTrader4.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $9000 lebih lagi!
    Dalam Mei kami membuat cabutan bertuah $9000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget