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Bitcoin Break Coming? Intraday - We look to Buy a break of 44066 (stop at 43298)
Technical analysis
Signal Centre
Bitcoin
Intraday - We look to Buy a break of 44066 (stop at 43298)
Daily signals are mildly bullish . Price action continued to range between key support & resistance (43000 - 44000) although we expect a break of this range soon. A break of bespoke resistance at 44000, and the move higher is already underway. We look for a temporary move higher. The trend of lower highs is located at 46300.
Our profit targets will be 45987 and 46887
Resistance: 44000 / 45000 / 46000
Support: 42800 / 42000 / 41000
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Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.