BitcoinLong
BTC Buy a break setup.
BTCUSD - Intraday - We look to Buy a break of 53053 (stop at 52382)
Daily signals are bullish.
Daily signals for sentiment are at overbought extremes.
A break of bespoke resistance at 53000, and the move higher is already underway.
Price action resulted in a new all-time high at 52930.
We look for gains to be extended today.
Trading within a Bullish Channel formation.
We can see no technical reason for a change of trend.
Our profit targets will be 54886 and 55968
Resistance: 53000 / 54000 / 55000
Support: 52400 / 52000 / 51000
Daily signals are bullish.
Daily signals for sentiment are at overbought extremes.
A break of bespoke resistance at 53000, and the move higher is already underway.
Price action resulted in a new all-time high at 52930.
We look for gains to be extended today.
Trading within a Bullish Channel formation.
We can see no technical reason for a change of trend.
Our profit targets will be 54886 and 55968
Resistance: 53000 / 54000 / 55000
Support: 52400 / 52000 / 51000
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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.