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
