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Signal_Centre1

Bitcoin in a Bear Flag.

Short
Bitcoin (BITSTAMP:BTCUSD)  
Signal_Centre1 Updated   
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance Flag BTCUSD BTC Bitcoin (Cryptocurrency) bitcoinforecast bitcoinprice BTCUSDT btcusdshort bitcoinusd crypto
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supportandresistance flagpattern btcusd btc bitcoin bitcoinforecast bitcoinprice btcusdt btcusdshort bitcoinusd crypto
Bitcoin - Intraday

Short term RSI has turned negative
Short term MACD has turned negative
A lower correction is expected
Short term bias is mildly bearish
The medium term bias is mixed
Broken out of the triangle formation to the downside
Price action is forming a bearish flag which has a bias to break to the downside
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.

Resistance: 10620 / 10660 / 10700
Support: 10560 / 10520 / 10480

Signal Centre
Trade closed: target reached:
Take profit above $10.540 was reached.

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