Bitcoin Break Ahead? We look to Buy a break of 39202 (stop at 38178)
Bitcoin - Intraday - We look to Buy a break of 39202 (stop at 38178)
Short term bias has turned positive. 38946 has been pivotal. Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 39200, which will confirm the bullish sentiment. We are trading at oversold extremes.
Our profit targets will be 41987 and 42887
Resistance: 39000 / 40000 / 41000
Support: 38000 / 37000 / 36000
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