BTCUSD - Intraday - We look to Sell at 37972 (stop at 38961)
Daily signals are bearish. 20 1day EMA is at 37800.
Trend line resistance is located at 38000.
Trading within a Bearish Channel formation.
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.
Pivot support is at 34850.
Expiration 24h
Our profit targets will be 35035 and 34034
Resistance: 38500 / 39500 / 40000
Support: 36500 / 35000 / 34000
Daily signals are bearish. 20 1day EMA is at 37800.
Trend line resistance is located at 38000.
Trading within a Bearish Channel formation.
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.
Pivot support is at 34850.
Expiration 24h
Our profit targets will be 35035 and 34034
Resistance: 38500 / 39500 / 40000
Support: 36500 / 35000 / 34000
Order cancelled
Trade wasn't filled intraday.Related publications
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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.