BTC Buy the dip setup.
Updated
Bitcoin - Intraday - We look to Buy at 44044 (stop at 43288)
Daily signals are mildly bullish.
Pivot support is at 43800.
The previous swing low is located at 44125.
Dips continue to attract buyers.
We look to buy dips.
50 1 week EMA is at 45200.
Price action has formed a bullish ending wedge formation.
The bias is to break to the upside.
Our profit targets will be 46288 and 46888
Resistance: 45000 / 46000 / 46800
Support: 44000 / 43000 / 42000
Daily signals are mildly bullish.
Pivot support is at 43800.
The previous swing low is located at 44125.
Dips continue to attract buyers.
We look to buy dips.
50 1 week EMA is at 45200.
Price action has formed a bullish ending wedge formation.
The bias is to break to the upside.
Our profit targets will be 46288 and 46888
Resistance: 45000 / 46000 / 46800
Support: 44000 / 43000 / 42000
Trade closed: target reached
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