BTCUSD - Intraday - We look to Buy a break of 46111 (stop at 44878)
The primary trend remains bullish.
Posted a Double Bottom formation.
Neckline resistance 46000.
A higher correction is expected.
Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 46111, which will confirm the bullish sentiment.
Trading close to the psychological 50000 level.
Our profit targets will be 49484 and 50484
Resistance: 46000 / 47000 / 49500
Support: 45000 / 43000 / 42000
The primary trend remains bullish.
Posted a Double Bottom formation.
Neckline resistance 46000.
A higher correction is expected.
Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 46111, which will confirm the bullish sentiment.
Trading close to the psychological 50000 level.
Our profit targets will be 49484 and 50484
Resistance: 46000 / 47000 / 49500
Support: 45000 / 43000 / 42000
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