Bitcoin - Intraday - We look to Sell a break of 59388 (stop at 60348)
Daily momentum has stalled and our bias is now neutral.
Trend line support is located at 61000.
A break of bespoke support at 59500, and the move lower is already underway.
We are trading at overbought extremes.
Our profit targets will be 56546 and 55746
Resistance: 61800 / 63000 / 64300
Support: 61000 / 60000 / 59500
Daily momentum has stalled and our bias is now neutral.
Trend line support is located at 61000.
A break of bespoke support at 59500, and the move lower is already underway.
We are trading at overbought extremes.
Our profit targets will be 56546 and 55746
Resistance: 61800 / 63000 / 64300
Support: 61000 / 60000 / 59500
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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.