Bitcoin - Intraday - We look to Buy a break
Trading within a Bullish Channel formation.
Trend line support is located at 13300.
A sequence of intraday higher highs and lows has been posted.
We are trading at overbought extremes.
A break of 13800 is needed to confirm follow through bullish momentum.
The trend of higher highs is located at 14400.
Trend line resistance is located at 13750.
Our profit targets will be 14348 and 14542
Resistance: 13800 / 14000 / 14100
Support: 13600 / 13300 / 13050
Trading within a Bullish Channel formation.
Trend line support is located at 13300.
A sequence of intraday higher highs and lows has been posted.
We are trading at overbought extremes.
A break of 13800 is needed to confirm follow through bullish momentum.
The trend of higher highs is located at 14400.
Trend line resistance is located at 13750.
Our profit targets will be 14348 and 14542
Resistance: 13800 / 14000 / 14100
Support: 13600 / 13300 / 13050
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