BTC Sell the downtrend.
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Bitcoin - Intraday - We look to Sell at 43688 (stop at 44464)
Daily signals are bearish.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 43700.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
The bias is to break to the downside.
Our profit targets will be 41404 and 40818
Resistance: 43000 / 44000 / 45200
Support: 42000 / 41000 / 40500
Daily signals are bearish.
Trades with a bearish descending triangle formation.
Trend line resistance is located at 43700.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
The bias is to break to the downside.
Our profit targets will be 41404 and 40818
Resistance: 43000 / 44000 / 45200
Support: 42000 / 41000 / 40500
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