Bitcoin sell the downtrend.
Bitcoin - Intraday - We look to Sell at 33420 (stop at 34202)
Daily signals are bearish.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 33500.
Bespoke resistance is located at 33500.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 31116 and 30516
Resistance: 32500 / 33000 / 33500
Support: 32000 / 31500 / 31000
Daily signals are bearish.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 33500.
Bespoke resistance is located at 33500.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Our profit targets will be 31116 and 30516
Resistance: 32500 / 33000 / 33500
Support: 32000 / 31500 / 31000
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