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Bitcoin buy the flag.
BTCUSD - Intraday - We look to Buy at 48484 (stop at 47591)
Daily signals are bullish.
Trading close to the psychological 50000 level.
Posted a bullish Flag formation.
A break of 50250 is needed to confirm the outlook.
Pivot resistance is at 52080.
50 4 hour EMA is at 48400.
Trend line support is located at 48500.
The primary trend remains bullish.
Our profit targets will be 51161 and 52187
Resistance: 49500 / 50000 / 51400
Support: 48200 / 47200 / 46300
Daily signals are bullish.
Trading close to the psychological 50000 level.
Posted a bullish Flag formation.
A break of 50250 is needed to confirm the outlook.
Pivot resistance is at 52080.
50 4 hour EMA is at 48400.
Trend line support is located at 48500.
The primary trend remains bullish.
Our profit targets will be 51161 and 52187
Resistance: 49500 / 50000 / 51400
Support: 48200 / 47200 / 46300
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