This BTC/USD 1-hour chart highlights a critical range-bound zone with potential breakout and breakdown scenarios. The price is currently consolidating within a defined range, and a move outside this zone could dictate the next direction.
Breakout Targets:
Target 1: $79,500
Target 2: $80,500
Watch the Reversal Zone for potential resistance.
Breakdown Targets:
Target 1: $82,500
Target 2: $81,500
Below this level, watch for buying interest in the Demand Zone.
Key elements:
Trend Line support has guided the recent bullish move.
Decision point approaching; monitor for a confirmed breakout or breakdown.
Ideal for short-term traders seeking high-probability setups based on price action and support/resistance levels.
Stay alert for volume spikes or news catalysts that could trigger a move beyond the range.
Note:
This is not a trading signal, just my personal analysis based on current market trends.
Breakout Targets:
Target 1: $79,500
Target 2: $80,500
Watch the Reversal Zone for potential resistance.
Breakdown Targets:
Target 1: $82,500
Target 2: $81,500
Below this level, watch for buying interest in the Demand Zone.
Key elements:
Trend Line support has guided the recent bullish move.
Decision point approaching; monitor for a confirmed breakout or breakdown.
Ideal for short-term traders seeking high-probability setups based on price action and support/resistance levels.
Stay alert for volume spikes or news catalysts that could trigger a move beyond the range.
Note:
This is not a trading signal, just my personal analysis based on current market trends.
Penerbitan berkaitan
Penafian
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.