Bitcoin - Intraday - We look to Buy a break of 18318 (stop at 17978)
Price action has formed a bullish ascending triangle formation.
Bullish divergence is expected to support prices.
A break of 18300 is needed to confirm follow through bullish momentum.
Daily signals are bullish.
We are trading at overbought extremes.
We can see no technical reason for a change of trend.
Our outlook is bullish.
Our profit targets will be 19480 and 19872
Resistance: 18300 / 19000 / 19500
Support: 18000 / 17500 / 17200
Price action has formed a bullish ascending triangle formation.
Bullish divergence is expected to support prices.
A break of 18300 is needed to confirm follow through bullish momentum.
Daily signals are bullish.
We are trading at overbought extremes.
We can see no technical reason for a change of trend.
Our outlook is bullish.
Our profit targets will be 19480 and 19872
Resistance: 18300 / 19000 / 19500
Support: 18000 / 17500 / 17200
Trade active
Trade filled at 18318Trade closed: target reached
Trade closed at 18823 intraday
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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.