Bitcoin

BTC/USD (Bitcoin vs. US Dollar) on a 1-hour timeframe,

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BTC/USD (Bitcoin vs. US Dollar) on a 1-hour timeframe (BITSTAMP exchange).



Key Elements in the Chart:

• Entry Zone: Highlighted area around 87,008, suggesting a potential buy entry.

• Stop Loss (SL): Below 86,973, indicating the risk management level.

• Take Profit Levels:

• 1st TP (Take Profit): 92,246 - 92,281

• 2nd TP: 93,898

• 3rd TP: 94,950

• Current Price Level: 88,487 at the time of the screenshot.



Interpretation:



The setup suggests a long trade (buy position) from the entry zone, expecting a price rebound toward the take profit targets. The first TP is the most immediate target, while higher targets represent further bullish movement. The chart indicates a potential reversal from support after a strong downtrend.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.