Bitcoin - Intraday - We look to Sell at 34388 (stop at 35076)
Daily signals are bearish.
Trend line resistance is located at 34300.
The previous swing high is located at 34677.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
Preferred trade is to sell into rallies.
Our profit targets will be 32511 and 31511
Resistance: 33500 / 34500 / 35500
Support: 32700 / 32000 / 31000
Daily signals are bearish.
Trend line resistance is located at 34300.
The previous swing high is located at 34677.
However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern.
Preferred trade is to sell into rallies.
Our profit targets will be 32511 and 31511
Resistance: 33500 / 34500 / 35500
Support: 32700 / 32000 / 31000
Order cancelled
Trade has expired and wasn't filled.
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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.