Bitcoin - Intraday - We look to Sell a break of 59388 (stop at 60348)
Daily momentum has stalled and our bias is now neutral.
Trend line support is located at 61000.
A break of bespoke support at 59500, and the move lower is already underway.
We are trading at overbought extremes.
Our profit targets will be 56546 and 55746
Resistance: 61800 / 63000 / 64300
Support: 61000 / 60000 / 59500
Daily momentum has stalled and our bias is now neutral.
Trend line support is located at 61000.
A break of bespoke support at 59500, and the move lower is already underway.
We are trading at overbought extremes.
Our profit targets will be 56546 and 55746
Resistance: 61800 / 63000 / 64300
Support: 61000 / 60000 / 59500
