BTC Sell the 50 EMA.
Updated
BTCUSD - Intraday - We look to Sell at 42488 (stop at 43707)
Daily signals are mildly bearish.
50 1day EMA is at 42500.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Price continues to trade within the triangle formation.
Our profit targets will be 39165 and 38165
Resistance: 41000 / 42000 / 43000
Support: 39600 / 39000 / 38500
Daily signals are mildly bearish.
50 1day EMA is at 42500.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Price continues to trade within the triangle formation.
Our profit targets will be 39165 and 38165
Resistance: 41000 / 42000 / 43000
Support: 39600 / 39000 / 38500
Order cancelled
Trade has expired.
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