BTC/USD is showing a potential buy opportunity following a breakout of the downward trend on the 30-minute timeframe. This breakout signals a possible shift in momentum toward the upside.
Trade Setup:
🟢 Buy Entry: 96,000
🔴 Stop Loss: 94,900 (Below key support to manage risk)
Target Levels:
✅ Target 1: 97,100
✅ Target 2: 97,800
✅ Target 3: 98,500
Risk Management:
⚠️ Always use a stop loss to protect capital in case of unexpected reversals.
📊 Risk-to-reward should be at least 1:2 or 1:3 for optimal trade setups.
💰 Avoid overleveraging—proper position sizing ensures account sustainability.
👀 Monitor price action closely, and adjust stop-loss levels as the trade moves in profit.
If BTC/USD holds above 96,000, bullish momentum could drive prices toward the targets. However, patience and confirmation from price action are key before entering the trade.
Trade Setup:
🟢 Buy Entry: 96,000
🔴 Stop Loss: 94,900 (Below key support to manage risk)
Target Levels:
✅ Target 1: 97,100
✅ Target 2: 97,800
✅ Target 3: 98,500
Risk Management:
⚠️ Always use a stop loss to protect capital in case of unexpected reversals.
📊 Risk-to-reward should be at least 1:2 or 1:3 for optimal trade setups.
💰 Avoid overleveraging—proper position sizing ensures account sustainability.
👀 Monitor price action closely, and adjust stop-loss levels as the trade moves in profit.
If BTC/USD holds above 96,000, bullish momentum could drive prices toward the targets. However, patience and confirmation from price action are key before entering the trade.
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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 our telegram channel for free signals and analysis updates
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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.