Bitcoin - Intraday - We look to Sell at 40888 (stop at 41714)
Pivot resistance is at 40928.
We look for a temporary move higher.
A bearish Head and Shoulders is forming.
A higher correction is expected.
Preferred trade is to sell into rallies.
We are trading at overbought extremes.
Our profit targets will be 38666 and 37888
Resistance: 40000 / 41000 / 42500
Support: 38800 / 37800 / 36800
Pivot resistance is at 40928.
We look for a temporary move higher.
A bearish Head and Shoulders is forming.
A higher correction is expected.
Preferred trade is to sell into rallies.
We are trading at overbought extremes.
Our profit targets will be 38666 and 37888
Resistance: 40000 / 41000 / 42500
Support: 38800 / 37800 / 36800
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.
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.