Bitcoin - Intraday - We look to Buy a break
We are trading at overbought extremes.
Trading close to the psychological 16000 level.
Pivot resistance is at 15970.
We look for gains to be extended today.
MACD has turned positive.
Daily signals are bullish.
Our outlook is bullish.
Price action has formed a bullish ascending triangle formation.
Our profit targets will be 16488 and 16788
Resistance: 15800 / 16000 / 16500
Support: 15500 / 15200 / 15000