Bitcoin Trend / December 1st

 Expected trading for today is between 9200.00  support and 10900.00 resistance  

Bitcoin price provided clear negative trades yesterday
and tested 9100.00 level as more traders book profits
off the recent rallies.

So What Next!

• The price now around 9600.00 and the bullish strength is
  enough to push the price up again supported by EMA50.

• 100 SMA is still above 200 SMA so the climb is more likely
  to continue than to reverse.

• Stochastic is moving south to indicate that sellers was
  in control.

• RSI is sideways to might show potential consolidation.

• Holding above 9200.00 represents key condition to
  continue the bullish wave.

• Note, Breaking 9200.00 and hold below it, will stop the bullish wave
  and will push the price again to start the bearish correction
  towards 8400.00 level.

Expected trading for today:
is between 9200.00 support and 10900.00 resistance.

Expected trend for today:
Bullish.

Source

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