BTCUSD - Intraday - We look to Sell at 42488 (stop at 43707)
Daily signals are mildly bearish.
50 1day EMA is at 42500.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Price continues to trade within the triangle formation.
Our profit targets will be 39165 and 38165
Resistance: 41000 / 42000 / 43000
Support: 39600 / 39000 / 38500
Daily signals are mildly bearish.
50 1day EMA is at 42500.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Price continues to trade within the triangle formation.
Our profit targets will be 39165 and 38165
Resistance: 41000 / 42000 / 43000
Support: 39600 / 39000 / 38500
Order cancelled
Trade has expired.
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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.