BTC Buy a break setup.
Updated
Bitcoin - Intraday - We look to Buy a break of 58606 (stop at 57777)
Previous support, now becomes resistance at 58500.
A break of bespoke resistance at 58500, and the move higher is already underway.
We are trading at oversold extremes.
A higher correction is expected.
The bias is to break to the upside.
Our profit targets will be 60987 and 61987
Resistance: 58500 / 59500 / 61000
Support: 57000 / 56000 / 55000
Previous support, now becomes resistance at 58500.
A break of bespoke resistance at 58500, and the move higher is already underway.
We are trading at oversold extremes.
A higher correction is expected.
The bias is to break to the upside.
Our profit targets will be 60987 and 61987
Resistance: 58500 / 59500 / 61000
Support: 57000 / 56000 / 55000
Trade closed: stop reached
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