BTC Sell into a rally.
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Bitcoin – Intraday – We look to Sell at 44587 (stop at 45606)
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
45332 has been pivotal.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 44500.
Expect trading to remain mixed and volatile.
Our profit targets will be 42004 and 41104
Resistance: 44000 / 44500 / 45500
Support: 42000 / 41500 / 40500
