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Signal_Centre1
Nov 18, 2020 3:46 PM

BTC Sell the break of $17.200 Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin - Intraday - We look to Sell a break of 17166 (stop at 17475)

Rallies should be capped by yesterday's high.
We are trading at overbought extremes.
A higher correction is expected.
A break of 17200 is needed to confirm follow through negative momentum.
Trend line support is located at 16250.

Our profit targets will be 16268 and 15848

Resistance: 17800 / 18000 / 18470
Support: 17600 / 17200 / 16500
Comments
Stierig
yeah TA doesnt work on BTC at the moment xD
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