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BTC Buy a break setup.
BTCUSD - Intraday - We look to Buy a break of 39153 (stop at 37979)
The primary trend remains bullish.
Broken out of the wedge formation to the upside.
The previous swing high is located at 38880.
A break of bespoke resistance at 39000, and the move higher is already underway.
With signals for sentiment at oversold extremes, the dip could not be extended.
A higher correction is expected.
Our profit targets will be 42484 and 43484
Resistance: 39000 / 41500 / 42500
Support: 37500 / 36000 / 33000
The primary trend remains bullish.
Broken out of the wedge formation to the upside.
The previous swing high is located at 38880.
A break of bespoke resistance at 39000, and the move higher is already underway.
With signals for sentiment at oversold extremes, the dip could not be extended.
A higher correction is expected.
Our profit targets will be 42484 and 43484
Resistance: 39000 / 41500 / 42500
Support: 37500 / 36000 / 33000
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