Signal_Centre1

BTC Buy a break setup.

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD - Intraday - We look to Buy a break of 52112 (stop at 51171)

Daily signals are bullish.
Daily signals for sentiment are at overbought extremes.
A break of bespoke resistance at 52000, and the move higher is already underway.
Short term MACD has turned positive.

Our profit targets will be 54868 and 57421

Resistance: 52000 / 53000 / 54000
Support: 50500 / 50000 / 48600

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.