Bitcoin Retesting Key Level. We look to Sell at 40468 (stop at 41404)
Bitcoin - Intraday - We look to Sell at 40468 (stop at 41404)
Daily signals are bearish. We are trading at oversold extremes. Early optimism is likely to lead to gains although extended attempts higher are expected to fail. 50 4hour EMA is at 39300. Previous support, now becomes resistance at 40500.
Our profit targets will be 38008 and 37118
Resistance: 38000 / 39000 / 40000
Support: 37000 / 36000 / 35000
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