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BTC Sell the break of recent low.

Short
Bitcoin (BITSTAMP:BTCUSD)  
Signal_Centre1 Updated   
BITSTAMP:BTCUSD   Bitcoin
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Bitcoin - Intraday - We look to Sell a break of 38787 (stop at 39707)

A break of the recent low at 38800 should result in a further move lower.
Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Our outlook is bearish.

Our profit targets will be 36501 and 35601

Resistance: 39500 / 40500 / 41000
Support: 38800 / 37000 / 36400
Trade closed: stop reached

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