Bitcoin - Intraday - We look to Sell at 31788 (stop at 32505)
Broken out of the Head and Shoulders formation to the downside.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Short term bias is mildly bearish.
Our profit targets will be 30051 and 29551
Resistance: 31000 / 32000 / 32400
Support: 29300 / 28500 / 28000
Broken out of the Head and Shoulders formation to the downside.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Short term bias is mildly bearish.
Our profit targets will be 30051 and 29551
Resistance: 31000 / 32000 / 32400
Support: 29300 / 28500 / 28000
