Bitcoin (BTCUSDT) is currently trading within a key range, with 80,000 acting as support and 85,000 as resistance.
Trade Setup:
🔹 Buy Entry: Around the current level or 82,000
🔹 Take Profit 1: 84,000
🔹 Take Profit 2: 87,000
🔹 Stop Loss: 80,000
Technical Analysis:
✔️ The price has bounced from the 80,000 support zone, indicating a strong buying signal.
✔️ If the price breaks the 85,000 resistance, the next target is 87,000.
✔️ A clear rejection from 80,000 suggests potential upside momentum.
📌 Watch for confirmation signals before entering the trade.
Trade Setup:
🔹 Buy Entry: Around the current level or 82,000
🔹 Take Profit 1: 84,000
🔹 Take Profit 2: 87,000
🔹 Stop Loss: 80,000
Technical Analysis:
✔️ The price has bounced from the 80,000 support zone, indicating a strong buying signal.
✔️ If the price breaks the 85,000 resistance, the next target is 87,000.
✔️ A clear rejection from 80,000 suggests potential upside momentum.
📌 Watch for confirmation signals before entering the trade.
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.
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.