Bitcoin - Intraday - We look to Sell
With signals for sentiment at overbought extremes, the rally could not be extended.
Bespoke resistance is located at 17200.
A higher correction is expected.
We look for a temporary move lower.
Trend line support is located at 16250.
Our profit targets will be 16666 and 16484
Resistance: 17100 / 17200 / 17500
Support: 17000 / 16800 / 16600
With signals for sentiment at overbought extremes, the rally could not be extended.
Bespoke resistance is located at 17200.
A higher correction is expected.
We look for a temporary move lower.
Trend line support is located at 16250.
Our profit targets will be 16666 and 16484
Resistance: 17100 / 17200 / 17500
Support: 17000 / 16800 / 16600
Trade closed: stop reached
Stop loss hit!
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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.