Signal_Centre1

Bitcoin buy the dip.

Long
BITSTAMP:BTCUSD   Bitcoin
BTCUSD - Intraday - We look to Buy at 57267 (stop at 55848)

The primary trend remains bullish.
Posted a Double Top formation.
A lower correction is expected.
Dips continue to attract buyers.
We look to buy dips.
20 4hour EMA is at 56826.
The trend of higher highs is located at 65000.

Our profit targets will be 61384 and 63384

Resistance: 60000 / 61780 / 63000
Support: 58200 / 57200 / 56000

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.