Bitcoin BTC/USD is trading at 4160 and continues to move as part of growth. BTC/USD quotes are trading above the upper limit of the Ichimoku Kinko Hyo Cloud. This indicates an uptrend.
As part of the Bitcoin prediction & analysis BTC/USD November 30, 2018, the test of the Ichimoku Kinko Hyo signal lines is expected to be near 4000. Where should we expect a rebound and an attempt to continue to grow Bitcoin cryptocurrency with a potential target of 4800.
Bitcoin prediction & analysis BTC/USD November 30, 2018
The test of the support area will be in favor of the growth of BTC/USD cryptocurrency quotes. As well as a rebound from the upper limit of the model «Triangle». Earlier, a weak signal was received for BUY the Bitcoin cryptocurrency. The signal was formed due to the intersection of signal lines at the level of 3700.
Cancellation of the growth option of Bitcoin quotes will be the breakdown of the lower border of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the 3550 area. This option will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall in the Bitcoin rate. Expect acceleration of growth of BTC/USD quotes with the breakdown of the resistance area and closing above the level of 4350.
Bitcoin prediction & analysis BTC/USD November 30, 2018 involves an attempt to correct cryptocurrency and test support level near 4000. Where can we expect Bitcoin to continue to grow with a potential target near 4800. Cancellation of the growth option will be a breakdown of the 3550 area. This will indicate a continued decline.