Here's is my 1-Day technical analysis for BTC/USD based on my setup:
---
Bitcoin (BTC/USD) – 1D Chart Analysis
Current Price: $84,500
Trendline Breakout: Confirmed (suggesting bullish momentum)
Position: Buy Initiated
Entry Zone: $84,000–$84,500
---
Technical Setup:
Breakout Type: Trendline breakout on daily timeframe
Volume Confirmation: Look for increased volume on the breakout candle (bullish sign)
Support Levels: $81,000 and $78,500
Resistance Zones:
Target 1: $94,000 – Psychological & Fib resistance
Target 2: $98,500 – Extended target, may align with overbought RSI levels
---
Indicators to Watch:
RSI: Should stay below 70 for healthy bullish momentum
MACD: If bullish crossover confirmed, supports further upside
EMA 50 & 200: Price trading above both = strong trend confirmation
---
Strategy:
Buy Zone: $84,000–$85,000
TP1: $94,000
TP2: $98,500
Stop Loss: Below $81,000 (to protect against false breakouts)
---
Let me know if you want a chart drawn or an intraday scalping plan based on this setup.
---
Bitcoin (BTC/USD) – 1D Chart Analysis
Current Price: $84,500
Trendline Breakout: Confirmed (suggesting bullish momentum)
Position: Buy Initiated
Entry Zone: $84,000–$84,500
---
Technical Setup:
Breakout Type: Trendline breakout on daily timeframe
Volume Confirmation: Look for increased volume on the breakout candle (bullish sign)
Support Levels: $81,000 and $78,500
Resistance Zones:
Target 1: $94,000 – Psychological & Fib resistance
Target 2: $98,500 – Extended target, may align with overbought RSI levels
---
Indicators to Watch:
RSI: Should stay below 70 for healthy bullish momentum
MACD: If bullish crossover confirmed, supports further upside
EMA 50 & 200: Price trading above both = strong trend confirmation
---
Strategy:
Buy Zone: $84,000–$85,000
TP1: $94,000
TP2: $98,500
Stop Loss: Below $81,000 (to protect against false breakouts)
---
Let me know if you want a chart drawn or an intraday scalping plan based on this setup.
Trade active
trade activeNote
bitcoin touch 86k running 200 pips
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📲 Join telegram channel free ..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/Trade_With_Gold_King005
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/Gold_Analysis_Experiment
Gold Signal's with proper TP & SL for high profit opportunities..
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.