Signal_Centre1

BTC sell the resistance.

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin - Intraday - We look to Sell at 40598 (stop at 41612)

We are trading at overbought extremes.
A higher correction is expected.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Pivot resistance is at 40900.
Preferred trade is to sell into rallies.

Our profit targets will be 37808 and 36808

Resistance: 39000 / 40000 / 41000
Support: 38000 / 36500 / 34500
Trade closed: target reached
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Comments

picture perfect thank you
+1 Reply
@peterbhc, You are welcome:)
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Thank you for the update, appreciate it !
+1 Reply
Signal_Centre1 jaansherraja786
@jaansherraja786, We thank you for support!
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awesome stuff, SC1!
+1 Reply
@apsnt, Thanks a lot.
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Great chart,thanks for your work
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