Bitcoin
Updated

BTCUSD, 15-minute timeframe chart

153
BTCUSD, 15-minute timeframe chart

BTCUSD retested the resistance level of 95200

👉General outlook
BTCUSD has been trading in a sideways market for the last couple of hours. The pair moved down to the resistance level of 95200.

👉Possible scenario
The best way to use this opportunity is to place a sell order at 95000

Set your stop loss at 95500 below the previous low ($5.00 loss for 0.01 lot) and take profit at 94000 ($10.00 profit for 0.01 lot).

The risk-reward ratio for this order is 1:1.
Trade closed: target reached
running 100++pips in profit

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.