Bitcoin - Short term - We look to Sell
Short term RSI has turned negative.
Short term MACD has turned negative.
A lower correction is expected.
Short term bias is mildly bearish.
The medium term bias is mixed.
Broken out of the triangle formation to the downside. Price action is forming a bearish flag which has a bias to break to the downside.
Our profit targets will be 10557 and 10521
Resistance: 10715 / 10740 / 10800
Support: 10680 / 10560 / 10480
Short term RSI has turned negative.
Short term MACD has turned negative.
A lower correction is expected.
Short term bias is mildly bearish.
The medium term bias is mixed.
Broken out of the triangle formation to the downside. Price action is forming a bearish flag which has a bias to break to the downside.
Our profit targets will be 10557 and 10521
Resistance: 10715 / 10740 / 10800
Support: 10680 / 10560 / 10480
Trade closed: target reached
Target reached! Price found support at $10.520 
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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.