Bitcoin - Intraday - We look to Buy a break of 41606 (stop at 40978)
Posted a bullish Flag formation.
A break of 41600 is needed to confirm the outlook.
A break of the recent high at 41557 should result in a further move higher.
We are trading at oversold extremes.
A higher correction is expected.
We look for a temporary move higher.
Our profit targets will be 43323 and 44223
Resistance: 41500 / 42000 / 43500
Support: 40800 / 40000 / 39200
Posted a bullish Flag formation.
A break of 41600 is needed to confirm the outlook.
A break of the recent high at 41557 should result in a further move higher.
We are trading at oversold extremes.
A higher correction is expected.
We look for a temporary move higher.
Our profit targets will be 43323 and 44223
Resistance: 41500 / 42000 / 43500
Support: 40800 / 40000 / 39200
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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.