Signal_Centre1

BTC Buy a break setup.

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin - Intraday - We look to Buy a break of 48516 (stop at 47918)

Daily signals are bullish.
Posted a bullish Flag formation.
A break of 48500 is needed to confirm the outlook.
The previous swing high is located at 48505.
The bias is to break to the upside.

Our profit targets will be 50288 and 50788

Resistance: 48000 / 48500 / 49000
Support: 47000 / 46500 / 45800

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.