Signal_Centre

Bitcoin - Buying dips on a retest of the broken wedge

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin - We look to Buy at 8830

Broken out of the wedge formation to the upside.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
We have a 50% Fibonacci pullback level of 8918.47 from 10.540.49 to 7296.44.
We look for a re-test of the downward trending support.
Preferred trade is to buy on dips.
Expect trading to remain mixed and volatile.

Stop: 8.250
Target 1: 10000
Target 2: 10900

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