Bitcoin: Intraday Long Setup. We look to Buy a break of 49808 (stop at 49039)
Bitcoin - Intraday - We look to Buy a break of 49808 (stop at 49039)
Dips continue to attract buyers. Trend line resistance is located at 49500. Bespoke resistance is located at 49800. Trading close to the psychological 50000 level. Further upside is expected and we look to set longs in early trade. A clear break of 50000 and we would look for further gains to 50800.
Our profit targets will be 51971 and 52871
Resistance: 49800 / 50800 / 52000
Support: 48500 / 47500 / 46800
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