BTC Buy the dip setup.
Bitcoin - Intraday - We look to Buy at 59515 (stop at 58488)
Daily signals are bullish.
Dips continue to attract buyers.
We look to buy dips.
Bespoke support is located at 59500.
50 1day EMA is at 59200.
We look for a temporary move lower.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Our profit targets will be 62288 and 63288
Resistance: 61000 / 62000 / 63000
Support: 60000 / 59500 / 59000
Daily signals are bullish.
Dips continue to attract buyers.
We look to buy dips.
Bespoke support is located at 59500.
50 1day EMA is at 59200.
We look for a temporary move lower.
Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
Our profit targets will be 62288 and 63288
Resistance: 61000 / 62000 / 63000
Support: 60000 / 59500 / 59000
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