Bitcoin - Intraday - We look to Sell a break of 23398 (stop at 23933)
Trades at the lowest level in 18months.
There is no indication that the selloff is coming to an end. We have a 78.6% Fibonacci pullback level of 17200 from 69000 to 3122.
Short term momentum is bearish.
Our profit targets will be 22022 and 21202
Resistance: 24300 / 25000 / 26000
Support: 23400 / 22000 / 21000
Trades at the lowest level in 18months.
There is no indication that the selloff is coming to an end. We have a 78.6% Fibonacci pullback level of 17200 from 69000 to 3122.
Short term momentum is bearish.
Our profit targets will be 22022 and 21202
Resistance: 24300 / 25000 / 26000
Support: 23400 / 22000 / 21000
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