Bitcoin - Intraday - We look to Sell at 39888 (stop at 40848)
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
20 1day EMA is at 40000.
Trading close to the psychological 40000 level.
The trend of higher highs is located at 40000.
Preferred trade is to sell into rallies.
Our profit targets will be 37234 and 36334
Resistance: 37000 / 38000 / 39000
Support: 36000 / 35500 / 34000
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
20 1day EMA is at 40000.
Trading close to the psychological 40000 level.
The trend of higher highs is located at 40000.
Preferred trade is to sell into rallies.
Our profit targets will be 37234 and 36334
Resistance: 37000 / 38000 / 39000
Support: 36000 / 35500 / 34000
