Bitcoin's intrady setup.
Updated
Bitcoin - Intraday - We look to Buy at 10226 (stop at 10072)
Broken out of the triangle formation to the downside. continues to hold back the bulls.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Intraday signals are mildly bullish.
The RSI is trending higher.
Our profit targets will be 10678 and 10788
Resistance: 10520 / 10620 / 10800
Support: 10380 / 10220 / 10100
Signal Centre
Broken out of the triangle formation to the downside. continues to hold back the bulls.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Intraday signals are mildly bullish.
The RSI is trending higher.
Our profit targets will be 10678 and 10788
Resistance: 10520 / 10620 / 10800
Support: 10380 / 10220 / 10100
Signal Centre
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