Signal_Centre1

Bitcoin sell the downtrend.

Short
BITSTAMP:BTCUSD   Bitcoin
Bitcoin - Intraday - We look to Sell at 33420 (stop at 34202)

Prices have reacted from 29300.
Trend line resistance is located at 33500.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Daily signals are bearish.
Trades with a bearish descending triangle formation.
The bias is to break to the downside.

Our profit targets will be 31116 and 30516

Resistance: 32500 / 33000 / 33500
Support: 31000 / 30500 / 30000
Order cancelled:
Trade has expired.

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