BTCUSD - Intraday - We look to Sell at 35898 (stop at 37005)
Daily signals are bearish.
20 1day EMA is at 36000.
Price action is forming a bearish flag which has a bias to break to the downside.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
The trend of higher highs is located at 36000.
Our profit targets will be 32866 and 31866
Expiry - 72h
Resistance: 34500 / 35000 / 36000
Support: 33000 / 32250 / 31000
Daily signals are bearish.
20 1day EMA is at 36000.
Price action is forming a bearish flag which has a bias to break to the downside.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
The trend of higher highs is located at 36000.
Our profit targets will be 32866 and 31866
Expiry - 72h
Resistance: 34500 / 35000 / 36000
Support: 33000 / 32250 / 31000
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.