BTC Sell the downtrend.
Updated
BTCUSD - Intraday - We look to Sell at 37972 (stop at 38961)
Daily signals are bearish. 20 1day EMA is at 37800.
Trend line resistance is located at 38000.
Trading within a Bearish Channel formation.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Pivot support is at 34850.
Expiration 24h
Our profit targets will be 35035 and 34034
Resistance: 38500 / 39500 / 40000
Support: 36500 / 35000 / 34000
Daily signals are bearish. 20 1day EMA is at 37800.
Trend line resistance is located at 38000.
Trading within a Bearish Channel formation.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Pivot support is at 34850.
Expiration 24h
Our profit targets will be 35035 and 34034
Resistance: 38500 / 39500 / 40000
Support: 36500 / 35000 / 34000
Order cancelled
Trade wasn't filled intraday.
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