Bitcoin - Intraday - We look to Sell at 43558 (stop at 44404)
Daily signals are bearish.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 43600.
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 41014 and 40504
Resistance: 44000 / 45200 / 45800
Support: 43000 / 42000 / 41000
Daily signals are bearish.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 43600.
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 41014 and 40504
Resistance: 44000 / 45200 / 45800
Support: 43000 / 42000 / 41000
Trade active
Trade closed: stop reached
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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.