Bitcoin - 24h expiry - We look to Sell at 16849 (stop at 17051)
Daily signals are bearish.
20 1day EMA is at 16788.
Trading volume is increasing.
We look for a temporary move higher.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
16900 continues to hold back the bulls.
Our profit targets will be 16343 and 16243
Resistance: 16600 / 16750 / 16850
Support: 16500 / 16420 / 16300
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