Bitcoin - Intraday - We look to Buy
Risk reward would be poor to call a buy trade from current levels.
Bespoke resistance is located at 11700. 50-hour EMA is at 11340.
A break of yesterdays high would confirm bullish momentum.
Price action has continued to range within a triangle formation.
11200 has been pivotal.
We look to buy dips.
Our profit targets will be 11579 and 11693
Resistance: 11580 / 11700 / 11800
Support: 11480 / 11340 / 11250
Risk reward would be poor to call a buy trade from current levels.
Bespoke resistance is located at 11700. 50-hour EMA is at 11340.
A break of yesterdays high would confirm bullish momentum.
Price action has continued to range within a triangle formation.
11200 has been pivotal.
We look to buy dips.
Our profit targets will be 11579 and 11693
Resistance: 11580 / 11700 / 11800
Support: 11480 / 11340 / 11250
Order cancelled
Trade wasn't filled
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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.
Related publications
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.