Bitcoin - Intraday - We look to Buy a break of 18318 (stop at 17978)
Price action has formed a bullish ascending triangle formation.
Bullish divergence is expected to support prices.
A break of 18300 is needed to confirm follow through bullish momentum.
Daily signals are bullish.
We are trading at overbought extremes.
We can see no technical reason for a change of trend.
Our outlook is bullish.
Our profit targets will be 19480 and 19872
Resistance: 18300 / 19000 / 19500
Support: 18000 / 17500 / 17200
Price action has formed a bullish ascending triangle formation.
Bullish divergence is expected to support prices.
A break of 18300 is needed to confirm follow through bullish momentum.
Daily signals are bullish.
We are trading at overbought extremes.
We can see no technical reason for a change of trend.
Our outlook is bullish.
Our profit targets will be 19480 and 19872
Resistance: 18300 / 19000 / 19500
Support: 18000 / 17500 / 17200
Trade active:
Trade filled at 18318
Trade closed: target reached:
Trade closed at 18823 intraday
