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Bitcoin is about to retest $10.500 area.

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Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Support and Resistance Trend Lines BTCUSD Bitcoin (Cryptocurrency) BTCUSDT bitcoinforecast bitcoinprice BTC btcusdshort bitcoinusd btcusdlong
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trendanalysis supportandresistance trendline btcusd bitcoin btcusdt bitcoinforecast bitcoinprice btc btcusdshort bitcoinusd btcusdlong
Bitcoin - Short Term

200-hour EMA is at 10740.
Short term MACD is moving lower.
A lower correction is expected.
Short term bias is mildly bearish.
The medium term bias is mixed.
Broken out of the triangle formation to the downside. Price action is forming a bearish flag which has a bias to break to the downside.

We look to sell break of uptrend line.
Our profit targets will be 10558 and 10521

Resistance: 10680 / 10740 / 10800
Support: 10660 / 10560 / 10480

Signal Centre
Trade fechado: objetivo atingido:
Target at $10.550 was reached!

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