Bitcoin - Intraday - We look to Sell at 43688 (stop at 44464)
Daily signals are bearish.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 43700.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
The bias is to break to the downside.
Our profit targets will be 41404 and 40818
Resistance: 43000 / 44000 / 45200
Support: 42000 / 41000 / 40500
Daily signals are bearish.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 43700.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
The bias is to break to the downside.
Our profit targets will be 41404 and 40818
Resistance: 43000 / 44000 / 45200
Support: 42000 / 41000 / 40500
Trade active
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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.
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.