Bitcoin - Intraday - We look to Sell at 39498 (stop at 40333)
Daily signals are bearish.
20 1day EMA is at 39560.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 37404 and 36504
Resistance: 38500 / 39500 / 40500
Support: 38000 / 37000 / 36500
Daily signals are bearish.
20 1day EMA is at 39560.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our overall sentiment remains bearish looking for lower levels.
Our profit targets will be 37404 and 36504
Resistance: 38500 / 39500 / 40500
Support: 38000 / 37000 / 36500
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