BTC Buy a break setup.
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Bitcoin - Intraday - We look to Buy a break of 38055 (stop at 37420)
Daily signals are bullish.
Short term MACD has turned positive.
A break of 38000 is needed to confirm follow through bullish momentum.
We can see no technical reason for a change of trend.
Our outlook is bullish.
Pivot resistance is at 40112.
Our profit targets will be 39912 and 41484
Resistance: 38000 / 38800 / 40000
Support: 36400 / 34800 / 34300
Daily signals are bullish.
Short term MACD has turned positive.
A break of 38000 is needed to confirm follow through bullish momentum.
We can see no technical reason for a change of trend.
Our outlook is bullish.
Pivot resistance is at 40112.
Our profit targets will be 39912 and 41484
Resistance: 38000 / 38800 / 40000
Support: 36400 / 34800 / 34300
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