FxWirePro

BTC/USD Short term outlook

Short
BTCE:BTCUSD   None
0
Intraday trend-Bearish

BTC/USD has broken short term support $227 and decline till $217.Short term trend is weak as long as resistance $235 holds.

On downside major support is around $220 and any break below could pave way for next target $213/$208.

The pair’s minor resistance is around $235 and break above would extend gains till $245/$259.

Indicators (4 Hour chart)

Woodies CCI(14)- Sell

Recommendation: Sell BTC/USD around $225 SL $235, Targets $213/$208.




Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.