• What is your price target for 01 December 2018 on Bitcoin?
    Please answer in the comment section with exact price what you expect.

Several facts to make a decision:

1. Price located at 5600 support level (5300-5500 Bitmex/Bitstamp).
This zone was short-term reversal zone for October-November in 2017.
2. Now candlesticks show hammer pattern in this support range.
3. RSI located at 1184 daily low (more that 3 years), so its extremely oversold now. So this allows me to think that we can wait for RSI rebound at least for 40 level.

  • What is your price target for 01 December 2018 on Bitcoin?
    Please answer in the comment section with exact price what you expect.

Comment:
market still boring, don’t make any emotional decision

"Bitcoin Short-term analysis for upcoming days" by trader a.shevelev002 — published November 18, 2018 — TradingView

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