BTCUSD - Intraday - We look to Buy a break of 43111 (stop at 41948)
With signals for sentiment at oversold extremes, the dip could not be extended.
30066 has been pivotal.
A break of bespoke resistance at 42500, and the move higher is already underway.
The previous swing high is located at 43000.
A break of 43000 is needed to confirm follow through bullish momentum.
20 1day EMA is at 48350.
Our profit targets will be 46461 and 47461
Resistance: 42500 / 44500 / 46500
Support: 40000 / 39300 / 36800
With signals for sentiment at oversold extremes, the dip could not be extended.
30066 has been pivotal.
A break of bespoke resistance at 42500, and the move higher is already underway.
The previous swing high is located at 43000.
A break of 43000 is needed to confirm follow through bullish momentum.
20 1day EMA is at 48350.
Our profit targets will be 46461 and 47461
Resistance: 42500 / 44500 / 46500
Support: 40000 / 39300 / 36800
Order cancelled
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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.