Bitcoin - Intraday - We look to Sell at 31788 (stop at 32505)
Broken out of the Head and Shoulders formation to the downside.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Short term bias is mildly bearish.
Our profit targets will be 30051 and 29551
Resistance: 31000 / 32000 / 32400
Support: 29300 / 28500 / 28000
Broken out of the Head and Shoulders formation to the downside.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Short term bias is mildly bearish.
Our profit targets will be 30051 and 29551
Resistance: 31000 / 32000 / 32400
Support: 29300 / 28500 / 28000
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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.