BTC Sell a break setup.
Updated
Bitcoin - Intraday - We look to Sell a break of 55488 (stop at 56369)
Our short term bias remains negative.
55640 has been pivotal.
A break of 55640 is needed to confirm follow through negative momentum.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 53013 and 52113
Resistance: 58000 / 59000 / 60000
Support: 56500 / 55500 / 54000
Our short term bias remains negative.
55640 has been pivotal.
A break of 55640 is needed to confirm follow through negative momentum.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 53013 and 52113
Resistance: 58000 / 59000 / 60000
Support: 56500 / 55500 / 54000
Trade closed: stop reached
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