Market Overview:
BTCUSD is currently trading within a key range, indicating potential for a breakout or reversal depending on price action around critical levels.
Key Levels:
Resistance: $94,800 - $95,500
Support: $91,500 - $92,000
Bullish Scenario:
A breakout above $95,500 could lead to upward targets at $97,000 and $98,500.
Bearish Scenario:
A breakdown below $91,500 might push the price towards $90,000 and $88,500.
Trading Strategy:
Long Entry: Above $95,500 with confirmation.
Short Entry: Below $91,500 with confirmation.
Always use stop-loss for proper risk management.
BTCUSD is currently trading within a key range, indicating potential for a breakout or reversal depending on price action around critical levels.
Key Levels:
Resistance: $94,800 - $95,500
Support: $91,500 - $92,000
Bullish Scenario:
A breakout above $95,500 could lead to upward targets at $97,000 and $98,500.
Bearish Scenario:
A breakdown below $91,500 might push the price towards $90,000 and $88,500.
Trading Strategy:
Long Entry: Above $95,500 with confirmation.
Short Entry: Below $91,500 with confirmation.
Always use stop-loss for proper risk management.
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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.
Unlock Market Insights! 🚀
Join our Telegram for expert analysis, free trading signals & real-time updates. Stay ahead in the game.👇
t.me/OliviaGrace_0
Join our Telegram for expert analysis, free trading signals & real-time updates. Stay ahead in the game.👇
t.me/OliviaGrace_0
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.