Bitcoin sell the downtrend.

BTCUSD - Intraday - We look to Sell at 39584 (stop at 40505)

Daily signals are mildly bearish.
Trend line resistance is located at 39600.
Broken out of the triangle formation to the downside.
We look for losses to be extended today.

Our profit targets will be 36848 and 35848

Resistance: 39800 / 40500 / 41000
Support: 38800 / 38000 / 36800