Bitcoin - Intraday - We look to Sell a break of 19497 (stop at 19908)
Trend line support is located at 19600.
Short term momentum is bearish.
A break of the recent low at 19500 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 18507 and 18107
Resistance: 20000 / 21000 / 22000
Support: 19500 / 19000 / 18500
Trend line support is located at 19600.
Short term momentum is bearish.
A break of the recent low at 19500 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 18507 and 18107
Resistance: 20000 / 21000 / 22000
Support: 19500 / 19000 / 18500
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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.