is once again trading below the $4,000 , as buyers search for technical confirmation that a long-term trading-low has been reached, at $3,507. An inverted pattern is also forming, with a target of $5,500. If the $3,507 level is broken, invalidating the , traders should expect the pair to decline towards the $3,000 .
The pair is strongly while trading below the $4,000 level, key support is located at the $3,507 and $3,000 levels.
If the pair moves above the $4,000 level, key resistance is found at the $4,500 and $4,700 levels.
Published at Tue, 04 Dec 2018 08:10:00 +0000