Bitcoin - Intraday - We look to Sell
With signals for sentiment at overbought extremes, the rally could not be extended.
Bespoke resistance is located at 17200.
A higher correction is expected.
We look for a temporary move lower.
Trend line support is located at 16250.
Our profit targets will be 16666 and 16484
Resistance: 17100 / 17200 / 17500
Support: 17000 / 16800 / 16600
With signals for sentiment at overbought extremes, the rally could not be extended.
Bespoke resistance is located at 17200.
A higher correction is expected.
We look for a temporary move lower.
Trend line support is located at 16250.
Our profit targets will be 16666 and 16484
Resistance: 17100 / 17200 / 17500
Support: 17000 / 16800 / 16600
Trade closed: stop reached:
Stop loss hit!
