BTCUSD – Sellers are extremly strong by momentum
Trend: Sell/ Neutral
Support/Resistance:
R2: 10028
R1: 9078.50
S1: 8255
S2: 7678
Price action:
BTCUSD is at current level neutral from decisional spot perspective. Overall market is still bullish, but for short term decision we are more bearish. Decision, when is the right time to sell Bitcoin or buy it, is when price will break up and down support or resistance. Once price will break one of those, then we'll know where is our dirrection.
Potencial trade idea:
Bulls targets:
T1: 10028
Bears targets:
7678
NOTE – We are trading BTCUSD via the preferred trading setups
Trend: Sell/ Neutral
Support/Resistance:
R2: 10028
R1: 9078.50
S1: 8255
S2: 7678
Price action:
BTCUSD is at current level neutral from decisional spot perspective. Overall market is still bullish, but for short term decision we are more bearish. Decision, when is the right time to sell Bitcoin or buy it, is when price will break up and down support or resistance. Once price will break one of those, then we'll know where is our dirrection.
Potencial trade idea:
Bulls targets:
T1: 10028
Bears targets:
7678
NOTE – We are trading BTCUSD via the preferred trading setups