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OmiFX8
Jul 31, 2022 8:39 AM
Short Bitcoin trade looks attractive after rejection above $24K
Short
COINBASE:BTCUSD
1D
Bitcoin / United States Dollar
Coinbase
Description
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Jul 31, 2022 8:39 AM
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.
Trend Analysis
Technical Indicators
Bitcoin (Cryptocurrency)
Technical Analysis
Cryptocurrency
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