VantageMarkets

BTC: Further downside expected!!

Короткая
VANTAGE:BTCUSD   Биткоин
Bitcoin

Intraday - We look to Sell a break of 19788 (stop at 20501)

With signals for sentiment at oversold extremes, the dip could not be extended. We have a 78.6% Fibonacci pullback level of 17800 from 3850 to 69000. Trading close to the psychological 20000 level. 20080 has been pivotal. A break of the recent low at 19900 should result in a further move lower.

Our profit targets will be 18051 and 17651

Resistance: 21000 / 22000 / 23000
Support: 20000 / 19000 / 18000

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