VantageMarkets

BTC: Rangebound?

Long
VANTAGE:BTCUSD   Bitcoin
Bitcoin

Intraday - We look to Buy at 18613 (stop at 18221)

Price action continued to range between key support & resistance (18500 - 19500) and we expect this to continue. We look to buy dips. We are trading at oversold extremes. 18521 has been pivotal. Support is located at 18500 and should stem dips to this area. Expect trading to remain mixed and volatile.

Our profit targets will be 19584 and 19884

Resistance: 19500 / 20000 / 20500
Support: 19000 / 18500 / 18000

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