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Author Topic: Interesting another Bitcoin fork Bitcoin God will be born Xmas Day.  (Read 31 times)
AICoin_Official
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December 06, 2017, 10:32:31 AM
 #1

do you hear about bitcoin god?

 share today's analysis for you

https://www.aicoin.net.cn/chart/D331D4E2

BTC(Bitfinex)
Resistance: $12,500 & $13,000
Support: $12,000 & 13,000
Comments:
BTC price moves back into the ascending channel after a short-term consolidation last week, which is within our expectation. Recently, bullish news drives price into another round of rally, although price experienced a temporary pullback with indexes like MACD showed divergence during December 2 – 4. BTC broke above $12,000 this morning, and remains in its uptrend without a ceiling in sight. As the date when BTC future will go live on traditional exchanges looming, rumors that hedge funds will go short BTC emerge, which calls for our extra attention.
Suggestions:
Though BTC remains in its uptrend, there’s no need for those investors without BTC positions to rush into the market. What you should do next is to buy on dips and watch out for the correction together with major support levels.
 
BCH(Bitfinex)
Resistance: $1,550 & $1,600
Support: $1,300 & 1,200
Comments:
BCH is still in the triangle oscillation and consolidation pattern and fails to keep up with BTC’s uptrend, extra attention should be paid to its support and resistance levels.
Suggestions:
Further operations on BCH positions can be combined with price action of BTC after an effective breakout above upper limit.
 
ETH(Bitfinex)
Resistance: $450 & $475
Support: $430 & $410
Comments:
ETH has been still in a consolidating pattern for the past week, resistance and support level remain intact, further operations can be implemented within the range between resistance and support though upcoming price action remains to be seen.
Suggestions:
Watch out for support level, buy on dips and book partial profits at the proper time. It’s better to go long within the range.
 
LTC(Bitfinex)
Resistance: $104 & $110
Support: $98 & $95
Comments:
LTC starts moving sideways from the new all-time high after a wave of pullback but remains bullish. Close attention should be paid to price action of BTC and affairs about LTC (like a technical update).

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