BTC Buy a break setup.
Updated
BTCUSD - Intraday - We look to Buy a break of 52122 (stop at 50964)
Daily signals are bullish.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
Dips continue to attract buyers.
A break of 52080 is needed to confirm follow through bullish momentum.
We can see no technical reason for a change of trend.
The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 55454 and 56612
Resistance: 52000 / 55000 / 56500
Support: 50000 / 48200 / 47200
Daily signals are bullish.
The overnight dip has been bought into and there is scope for further bullish pressure going into this morning.
Dips continue to attract buyers.
A break of 52080 is needed to confirm follow through bullish momentum.
We can see no technical reason for a change of trend.
The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 55454 and 56612
Resistance: 52000 / 55000 / 56500
Support: 50000 / 48200 / 47200
Order cancelled
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.