Bitcoin to stem dip?
Bitcoin - 24h expiry - We look to Buy at 25555 (stop at 25155)
Short term bias has turned negative.
Short term momentum is bearish.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
We look for a temporary move lower.
Support is located at 25500 and should stem dips to this area.
Our profit targets will be 26555 and 26955
Resistance: 26200 / 26500 / 26800
Support: 25970 / 25700 / 25500
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Short term bias has turned negative.
Short term momentum is bearish.
Early pessimism is likely to lead to losses although extended attempts lower are expected to fail.
We look for a temporary move lower.
Support is located at 25500 and should stem dips to this area.
Our profit targets will be 26555 and 26955
Resistance: 26200 / 26500 / 26800
Support: 25970 / 25700 / 25500
Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
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