BTCUSD Analysis: Bullish Reversal Expected
BTCUSD has approached the 64,000 area, where a bullish reversal is anticipated. Key technical indicators and chart patterns suggest that the market is poised to reverse and move upwards. The target area is set at 66,000, with a stop loss at 63,000 to manage risk effectively. This setup presents a promising opportunity for traders to capitalize on the expected rise.
Trade closed: stop reached
STOP LOSS HIT , stay tune for next update
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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.