Bitcoin - Intraday - We look to Sell a break of 23398 (stop at 23933)
Trades at the lowest level in 18months.
There is no indication that the selloff is coming to an end. We have a 78.6% Fibonacci pullback level of 17200 from 69000 to 3122.
Short term momentum is bearish.
Our profit targets will be 22022 and 21202
Resistance: 24300 / 25000 / 26000
Support: 23400 / 22000 / 21000
Trades at the lowest level in 18months.
There is no indication that the selloff is coming to an end. We have a 78.6% Fibonacci pullback level of 17200 from 69000 to 3122.
Short term momentum is bearish.
Our profit targets will be 22022 and 21202
Resistance: 24300 / 25000 / 26000
Support: 23400 / 22000 / 21000
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.