Bitcoin - We look to Buy at 8830
Broken out of the wedge formation to the upside.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
We have a 50% Fibonacci pullback level of 8918.47 from 10.540.49 to 7296.44.
We look for a re-test of the downward trending support.
Preferred trade is to buy on dips.
Expect trading to remain mixed and volatile.
Stop: 8.250
Target 1: 10000
Target 2: 10900
Join us in our new Crypto Telegram channel - t.me/signalcentre_crypto
Broken out of the wedge formation to the upside.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
We have a 50% Fibonacci pullback level of 8918.47 from 10.540.49 to 7296.44.
We look for a re-test of the downward trending support.
Preferred trade is to buy on dips.
Expect trading to remain mixed and volatile.
Stop: 8.250
Target 1: 10000
Target 2: 10900
Join us in our new Crypto Telegram channel - t.me/signalcentre_crypto
Live Youtube - www.youtube.com/@SignalCentre/streams