Signal_Centre1

Bitcoin Sell the breakdown.

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin - Intraday - We look to Sell a break of 33787 (stop at 34613)

Daily signals are bearish.
A break of bespoke support at 33800, and the move lower is already underway.
A lower correction is expected.
50 4hour EMA is at 34360.

Our profit targets will be 31616 and 30616

Resistance: 35500 / 36500 / 37400
Support: 33800 / 33000 / 31800

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.