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Signal_Centre1
Oct 19, 2020 12:26 PM

Bitcoin to retest $10,300 before leg up. Long

Bitcoin / U.S. dollarBitstamp

Description

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

Order cancelled

Trade wasn't filled
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