Bitcoin - Intraday - We look to Buy at 12821 (stop at 12628)
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Rallies should be capped by yesterday’s high.
Trend line support is located at 12820.
We look to buy dips.
A lower correction is expected.
50-hour EMA is at 12905.
Our profit targets will be 13339 and 13478
Resistance: 13350 / 13800 / 14200
Support: 13200 / 12900 / 12800
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Rallies should be capped by yesterday’s high.
Trend line support is located at 12820.
We look to buy dips.
A lower correction is expected.
50-hour EMA is at 12905.
Our profit targets will be 13339 and 13478
Resistance: 13350 / 13800 / 14200
Support: 13200 / 12900 / 12800
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