Bitcoin Technical Analysis 12/16/2018

in bitcoin •  6 years ago 

Bulls got tired again.
I'm seeing a Bearish move.
Resistance to break is 3250 Level.
Support is 3100 level.
Bullish trend is still not clear.

A green candle after 3days.

I'm looking forward on this 2900 level. If 3100 will not hold. Bearish is still on trend.
If everything is still in Downward movement. I somehow expecting that it will bounce on that 2900 level. (or that 2900 level will hold)

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