A look at Bitcoin. Today’s Recap & Daily Forecast Chart from Jason Sen – Day Trade Ideas

 

Bitcoin: 1st target 4280, 1st resistance at 4420/40 then strong resistance at 4630/60 could see a high for the day.

Shorts need stops above 4800. A break higher targets 4850 then a selling opportunity at 5000/5100, with stops above 5200.

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JASON SEN Began to study technical analysis in 2006 and established Daytradeideas, the leading provider of daily technical analysis to independent & professional traders within the investment bank community for Stock Index, Energy & Fixed Income products, advising dozens of traders at up to 15 major investment banks and hedge funds on market movement, throughout each trading day on The Bloomberg Professional® service with trade ideas – entry, exit and target levels in daily reports published before the Futures markets open in Europe.