Bitcoin - Intraday - We look to Sell a break of 22184 (stop at 22661)
We are trading at overbought extremes.
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 23750.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
A lower correction is expected.
Our profit targets will be 20748 and 20248
Resistance: 23000 / 23500 / 24000
Support: 22000 / 21500 / 21000
We are trading at overbought extremes.
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 23750.
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
A lower correction is expected.
Our profit targets will be 20748 and 20248
Resistance: 23000 / 23500 / 24000
Support: 22000 / 21500 / 21000
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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.