Bitcoin Sell setup.
Updated
Bitcoin - Intraday - We look to Sell at 19418 (stop at 19688)
Short term MACD has turned negative.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move lower.
We are trading at overbought extremes.
Our profit targets will be 18662 and 18437
Resistance: 19050 / 19400 / 19500
Support: 18800 / 18600 / 18450
Short term MACD has turned negative.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move lower.
We are trading at overbought extremes.
Our profit targets will be 18662 and 18437
Resistance: 19050 / 19400 / 19500
Support: 18800 / 18600 / 18450
Trade closed manually
Trade closed at expiry at 19370
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