Bitcoin - Intraday - We look to Sell a break of 19497 (stop at 19908)
Trend line support is located at 19600.
Short term momentum is bearish.
A break of the recent low at 19500 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 18507 and 18107
Resistance: 20000 / 21000 / 22000
Support: 19500 / 19000 / 18500
Trend line support is located at 19600.
Short term momentum is bearish.
A break of the recent low at 19500 should result in a further move lower.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 18507 and 18107
Resistance: 20000 / 21000 / 22000
Support: 19500 / 19000 / 18500
