BTCUSD - Intraday - We look to Sell at 55686 (stop at 56535)
Trend line resistance is located at 55700.
20 4hour EMA is at 55500.
Bespoke resistance is located at 55500.
Preferred trade is to sell into rallies.
Trades with a bearish descending triangle formation.
Our profit targets will be 53255 and 52355
Resistance: 55500 / 56500 / 57500
Support: 54500 / 54000 / 53300
Trend line resistance is located at 55700.
20 4hour EMA is at 55500.
Bespoke resistance is located at 55500.
Preferred trade is to sell into rallies.
Trades with a bearish descending triangle formation.
Our profit targets will be 53255 and 52355
Resistance: 55500 / 56500 / 57500
Support: 54500 / 54000 / 53300
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