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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