BITCOIN TARGET
**Key Levels:**
- **Support:** $92,000 (critical buy zone)
- **Targets:** $99,000 (TP1) → $107,000 (TP2)
**Chart Pattern (1D):**
Likely forming a **bullish continuation pattern** (e.g., flag, pennant, or ascending triangle) if price holds above $92k. Confirmation requires a breakout with volume.
**Technical Indicators to Watch:**
1. **RSI (14):** Should stay above 50 (bullish momentum).
2. **Moving Averages:** Price above 50/200 EMA supports uptrend.
3. **Volume:** Increasing volume on breakout reinforces validity.
**Risk Management:**
- **Stop-Loss:** Below $92,000 (e.g., $90,500-91,000).
- **Risk-Reward:** ~1:2+ (92k→99k = +7k vs. 92k→90.5k = -1.5k).
**Conclusion:**
Valid setup if Bitcoin holds
92K support. Target $99k first, then $107k. Monitor for rejection at support or breakout confirmation.
*(Always cross-validate with fundamentals like ETF inflows/halving dynamics.)*
Would you like a specific indicator analysis (e.g., MACD, Fibonacci)?
**Key Levels:**
- **Support:** $92,000 (critical buy zone)
- **Targets:** $99,000 (TP1) → $107,000 (TP2)
**Chart Pattern (1D):**
Likely forming a **bullish continuation pattern** (e.g., flag, pennant, or ascending triangle) if price holds above $92k. Confirmation requires a breakout with volume.
**Technical Indicators to Watch:**
1. **RSI (14):** Should stay above 50 (bullish momentum).
2. **Moving Averages:** Price above 50/200 EMA supports uptrend.
3. **Volume:** Increasing volume on breakout reinforces validity.
**Risk Management:**
- **Stop-Loss:** Below $92,000 (e.g., $90,500-91,000).
- **Risk-Reward:** ~1:2+ (92k→99k = +7k vs. 92k→90.5k = -1.5k).
**Conclusion:**
Valid setup if Bitcoin holds
92K support. Target $99k first, then $107k. Monitor for rejection at support or breakout confirmation. *(Always cross-validate with fundamentals like ETF inflows/halving dynamics.)*
Would you like a specific indicator analysis (e.g., MACD, Fibonacci)?
Trade active
wow bitcoin flying 300 pips 97k done keep holdNote
1st target done 99500Trade closed: target reached
target done
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Gold Signal's with proper TP & SL for high profit opportunities..
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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..
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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.
📲 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.