BTCUSD - Intraday - We look to Sell at 52978 (stop at 54401)
Daily momentum has stalled and our bias is now neutral.
Previous support, now becomes resistance at 53000.
Pivot resistance is at 53000.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Our profit targets will be 49107 and 48107
Resistance: 51000 / 53000 / 54500
Support: 49000 / 48000 / 47000
Daily momentum has stalled and our bias is now neutral.
Previous support, now becomes resistance at 53000.
Pivot resistance is at 53000.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
We look for a temporary move higher.
Our profit targets will be 49107 and 48107
Resistance: 51000 / 53000 / 54500
Support: 49000 / 48000 / 47000
