Trade idea
Bitcoin - 24h expiry - We look to Buy a break of 65600 (stop at 64000)
Short term MACD has turned positive.
Short term momentum is bullish.
We look for gains to be extended today.
Price action continues to trade around the all-time highs.
A break of the recent high at 65525 should result in a further move higher.
Our profit targets will be 69600 and 70600
Resistance: 65525 / 68000 / 70000
Support: 64000 / 62000 / 60500
Bitcoin - 24h expiry - We look to Buy a break of 65600 (stop at 64000)
Short term MACD has turned positive.
Short term momentum is bullish.
We look for gains to be extended today.
Price action continues to trade around the all-time highs.
A break of the recent high at 65525 should result in a further move higher.
Our profit targets will be 69600 and 70600
Resistance: 65525 / 68000 / 70000
Support: 64000 / 62000 / 60500