Signal_Centre

BTCUSD - Overbought but dips to find buyers

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin - Intraday - We look to Buy at 9965 (stop at 9700)
After strong buying pressure at the start of the week the pair consolidated yesterday with little net change and all price action within the upper half of the previous day’s range. Bespoke support is located at 9965. The previous swing high is located at 10011. 10000 has been pivotal.
Our profit targets will be 11200 and 11600

Resistance: 11200 / 11448 / 11600
Support: 10011 / 9965 / 8830

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