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Weekly Price Analysis Dec.4: Bitcoin, Ethereum, Bitcoin Cash and Ontology

Jonathan Berger Dec 4, 2018 16:54

Bitcoin

Traded around $3,976 support around $3,800 attempt to break up the $4,300 failed and we came back to check support. Meanwhile, the graph is not stabilizing, and the volatility is still here.

Ethereum

Against the dollar, the support around $100 holds traded around $111 resistance around $127 if breached we get a confirmation for the floor that looks fragile.

Against Bitcoin since support around 0.03BTC has broken down and it is finding it difficult to get back. Traded around 0.027BTC support around this resistance price at 0.029BTC in this range.

Bitcoin Cash

ABC

Against the dollar traded around $150, support in this range at $145 has been verified. resistance at $200.

Against the Bitcoin traded around 0.038BTC support around 0.044BT broke down and became the resistance. The situation on the graph is not brilliant, and the price continues to decline since the Fork.

SV

Against the dollar traded steady around $91 resistance remains around $110 support around $80 holds.

Against the Bitcoin, the picture is technically similar to the trading against the USD traded at 0.023BTC support around 0.02BTC resistance at 0.025 BTC.

Ontology

Against the dollar traded around $0.76 resistance in this range at $0.90 support is hard to say, seems to be the lowest this year, after the crash from $1.7.

Against Bitcoin traded around 0.00018BTC support around this resistance area at 0.00019 short -term, close to the floor we saw in August.

Cryptocurrency charts by TradingView.

 

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Jonathan Berger

Breathing crypto since early 2013. Jonathan lives 24-7 analyzing market condition and current situation. One of his hobbies is mining very low-cap altcoins. Contact Jonathan: Facebook