BTCUSD - Intraday - We look to Sell at 56788 (stop at 58058)
Short term bias has turned negative.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
20 4hour EMA is at 56860.
50 4hour EMA is at 56860.
The lack of interest is a concern for bulls.
Our profit targets will be 53331 and 52131
Resistance: 56000 / 57000 / 58000
Support: 55000 / 54500 / 53300
Short term bias has turned negative.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
20 4hour EMA is at 56860.
50 4hour EMA is at 56860.
The lack of interest is a concern for bulls.
Our profit targets will be 53331 and 52131
Resistance: 56000 / 57000 / 58000
Support: 55000 / 54500 / 53300
Trade closed: target reached:
Target reached
