Bitcoin - Intraday - We look to Sell a break of 30888 (stop at 31666)
Daily signals are bearish.
Posted a bearish Flag formation.
A break of 31000 is needed to confirm the outlook.
A break of bespoke support at 31000, and the move lower is already underway.
Daily pivot is at 28600.
Price action continued to range between key support & resistance (31000 - 32000) although we expect a break of this range soon.
Our outlook is bearish.
Trades with a bearish descending triangle formation.
Our profit targets will be 28818 and 28218
Resistance: 32000 / 33000 / 34500
Support: 31000 / 30000 / 28600
Daily signals are bearish.
Posted a bearish Flag formation.
A break of 31000 is needed to confirm the outlook.
A break of bespoke support at 31000, and the move lower is already underway.
Daily pivot is at 28600.
Price action continued to range between key support & resistance (31000 - 32000) although we expect a break of this range soon.
Our outlook is bearish.
Trades with a bearish descending triangle formation.
Our profit targets will be 28818 and 28218
Resistance: 32000 / 33000 / 34500
Support: 31000 / 30000 / 28600
Trade active
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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.