BTC Buy a break setup.
BTCUSD - Intraday - We look to Buy a break of 52112 (stop at 51171)
Daily signals are bullish.
Daily signals for sentiment are at overbought extremes.
A break of bespoke resistance at 52000, and the move higher is already underway.
Short term MACD has turned positive.
Our profit targets will be 54868 and 57421
Resistance: 52000 / 53000 / 54000
Support: 50500 / 50000 / 48600
Daily signals are bullish.
Daily signals for sentiment are at overbought extremes.
A break of bespoke resistance at 52000, and the move higher is already underway.
Short term MACD has turned positive.
Our profit targets will be 54868 and 57421
Resistance: 52000 / 53000 / 54000
Support: 50500 / 50000 / 48600
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