Bitcoin - Intraday - We look to Sell a break of 30888 (stop at 31666)
Daily signals are bearish.
Posted a bearish Flag formation.
A break of 31000 is needed to confirm the outlook.
A break of bespoke support at 31000, and the move lower is already underway.
Daily pivot is at 28600.
Price action continued to range between key support & resistance (31000 - 32000) although we expect a break of this range soon.
Our outlook is bearish.
Trades with a bearish descending triangle formation.
Our profit targets will be 28818 and 28218
Resistance: 32000 / 33000 / 34500
Support: 31000 / 30000 / 28600
Daily signals are bearish.
Posted a bearish Flag formation.
A break of 31000 is needed to confirm the outlook.
A break of bespoke support at 31000, and the move lower is already underway.
Daily pivot is at 28600.
Price action continued to range between key support & resistance (31000 - 32000) although we expect a break of this range soon.
Our outlook is bearish.
Trades with a bearish descending triangle formation.
Our profit targets will be 28818 and 28218
Resistance: 32000 / 33000 / 34500
Support: 31000 / 30000 / 28600
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