BTC Sell the downtrend line.
Updated
Bitcoin - Intraday - We look to Sell at 45174 (stop at 46104)
Trend line resistance is located at 45200.
Daily signals for sentiment are at overbought extremes.
A lower correction is expected.
20 4hour EMA is at 45270.
50 4hour EMA is at 45350.
We look for a temporary move higher.
A break of 43800 is needed to confirm follow through negative momentum.
Our profit targets will be 42618 and 42118
Resistance: 45500 / 46000 / 46800
Support: 43800 / 43000 / 42200
Trend line resistance is located at 45200.
Daily signals for sentiment are at overbought extremes.
A lower correction is expected.
20 4hour EMA is at 45270.
50 4hour EMA is at 45350.
We look for a temporary move higher.
A break of 43800 is needed to confirm follow through negative momentum.
Our profit targets will be 42618 and 42118
Resistance: 45500 / 46000 / 46800
Support: 43800 / 43000 / 42200
Trade active
Trade closed: stop reached
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