Bitcoin Sell the Pivotal Value.
Bitcoin - Intraday - We look to Sell a break of 41488 (stop at 42323)
Daily signals are bearish.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
41575 has been pivotal.
A break of bespoke support at 41500, and the move lower is already underway.
Our profit targets will be 39222 and 38322
Resistance: 43000 / 44000 / 44500
Support: 42000 / 41500 / 41000
Daily signals are bearish.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
41575 has been pivotal.
A break of bespoke support at 41500, and the move lower is already underway.
Our profit targets will be 39222 and 38322
Resistance: 43000 / 44000 / 44500
Support: 42000 / 41500 / 41000
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.