Bitcoin sell into to the 4H 50 EMA.
Bitcoin - Intraday - We look to Sell at 47239 (stop at 47741)
Daily signals are bearish.
Rallies continue to attract sellers.
Short term bias is bearish.
We look for a temporary move higher.
50 4hour EMA is at 47250.
Preferred trade is to sell into rallies.
Our profit targets will be 45809 and 45109
Resistance: 46500 / 47000 / 47500
Support: 46000 / 45700 / 45000
Daily signals are bearish.
Rallies continue to attract sellers.
Short term bias is bearish.
We look for a temporary move higher.
50 4hour EMA is at 47250.
Preferred trade is to sell into rallies.
Our profit targets will be 45809 and 45109
Resistance: 46500 / 47000 / 47500
Support: 46000 / 45700 / 45000
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