BTC Sell the temporary move higher.
Updated
Bitcoin - Intraday - We look to Sell at 38888 (stop at 39666)
Short term bias has turned negative.
20 4hour EMA is at 38900.
50 4hour EMA is at 38800.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Previous support, now becomes resistance at 38800.
Our profit targets will be 36858 and 36258
Resistance: 38800 / 39500 / 40000
Support: 37800 / 36800 / 35500
Short term bias has turned negative.
20 4hour EMA is at 38900.
50 4hour EMA is at 38800.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Previous support, now becomes resistance at 38800.
Our profit targets will be 36858 and 36258
Resistance: 38800 / 39500 / 40000
Support: 37800 / 36800 / 35500
Trade closed: stop reached
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.