Bitcoin - Intraday - We look to Buy at uptrend line
Trading within a Bullish Channel formation.
Trend line support is located at 13200.
A sequence of intraday higher highs and lows has been posted.
We are trading at overbought extremes.
A break of 13800 is needed to confirm follow through bullish momentum.
We look to buy dips.
Our profit targets will be 13788 and 13988
Resistance: 13600 / 13800 / 14000
Support: 13200 / 13050 / 12950
Trading within a Bullish Channel formation.
Trend line support is located at 13200.
A sequence of intraday higher highs and lows has been posted.
We are trading at overbought extremes.
A break of 13800 is needed to confirm follow through bullish momentum.
We look to buy dips.
Our profit targets will be 13788 and 13988
Resistance: 13600 / 13800 / 14000
Support: 13200 / 13050 / 12950
Trade closed: target reached
Take profit at $13788 was reached!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.