Setup if Bitcoin Breaks Below Uptrend line.
Bitcoin - Short Term (Expires Tommorow)
We look to Sell a break of 10578 (stop at 10702)
The hourly chart technicals suggests further downside before the uptrend returns.
Overnight gains have been limited.
Posted a Double Top formation.
10950 has been pivotal.
Price continues to trade within the triangle formation.
Our profit targets will be 10246 and 10152
Current levels of:
Resistance: 10800 / 10950 / 11000
Support: 10680 / 10560 / 10420
Signal Centre
We look to Sell a break of 10578 (stop at 10702)
The hourly chart technicals suggests further downside before the uptrend returns.
Overnight gains have been limited.
Posted a Double Top formation.
10950 has been pivotal.
Price continues to trade within the triangle formation.
Our profit targets will be 10246 and 10152
Current levels of:
Resistance: 10800 / 10950 / 11000
Support: 10680 / 10560 / 10420
Signal Centre
Trade closed: target reached:
Trade closed at expiration at $10.470, +108$ net change profit in BTC value from selling a break at $10.578
