BTC Sell a break setup.
Bitcoin - Intraday - We look to Sell a break of 63987 (stop at 64818)
Short term bullish momentum has stalled.
A break of bespoke support at 64000, and the move lower is already underway.
There is no clear indication that the downward move is coming to an end.
50 4hour EMA is at 64400.
Our profit targets will be 61505 and 60505
Resistance: 65000 / 66000 / 67000
Support: 64000 / 63000 / 62000
Short term bullish momentum has stalled.
A break of bespoke support at 64000, and the move lower is already underway.
There is no clear indication that the downward move is coming to an end.
50 4hour EMA is at 64400.
Our profit targets will be 61505 and 60505
Resistance: 65000 / 66000 / 67000
Support: 64000 / 63000 / 62000
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