Bitcoin - Intraday - We look to Sell a break of 60987 (stop at 61878)
Trend line support is located at 61300.
A break of bespoke support at 61000, and the move lower is already underway.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A bearish Head and Shoulders has formed.
Our profit targets will be 58428 and 57428
Resistance: 63000 / 64900 / 67000
Support: 61800 / 61000 / 59500
Trend line support is located at 61300.
A break of bespoke support at 61000, and the move lower is already underway.
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A bearish Head and Shoulders has formed.
Our profit targets will be 58428 and 57428
Resistance: 63000 / 64900 / 67000
Support: 61800 / 61000 / 59500
Trade closed: stop reached
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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.
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.