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OmiFX8

Short Bitcoin trade looks attractive after rejection above $24K

Short
Bitcoin (COINBASE:BTCUSD)  
OmiFX8  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Technical Indicators Bitcoin (Cryptocurrency) Technical Analysis Cryptocurrency
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trendanalysis indicator bitcoin technicalanalysis cryptocurrency
Sell BTC at CMP @ $23.6K with stops above $24,666 and target of $20.7K

Daily chart shows multiple candles with long upper wicks, indicating bull fatigue above $24K.

The daily MACD shows loss of upward momentum.

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