Signal_Centre1

BTC Sell a break setup.

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin - Intraday - We look to Sell a break of 42588 (stop at 43606)

Daily signals are bearish.
Bearish divergence is expected to cap gains.
A break of the recent low at 42588 should result in a further move lower.

Our profit targets will be 40044 and 39144

Resistance: 44000 / 44500 / 45500
Support: 43000 / 42000 / 41500
Trade active
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.