Bitcoin - Short Term (Expires Tommorow)
We look to Sell a break of 10578 (stop at 10702)
The hourly chart technicals suggests further downside before the uptrend returns.
Overnight gains have been limited.
Posted a Double Top formation.
10950 has been pivotal.
Price continues to trade within the triangle formation.
Our profit targets will be 10246 and 10152
Current levels of:
Resistance: 10800 / 10950 / 11000
Support: 10680 / 10560 / 10420
Signal Centre
We look to Sell a break of 10578 (stop at 10702)
The hourly chart technicals suggests further downside before the uptrend returns.
Overnight gains have been limited.
Posted a Double Top formation.
10950 has been pivotal.
Price continues to trade within the triangle formation.
Our profit targets will be 10246 and 10152
Current levels of:
Resistance: 10800 / 10950 / 11000
Support: 10680 / 10560 / 10420
Signal Centre
Trade closed: target reached
Trade closed at expiration at $10.470, +108$ net change profit in BTC value from selling a break at $10.578
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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.
Related publications
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.