BTC/USD (Bitcoin vs. US Dollar) on a 1-hour timeframe (BITSTAMP exchange).
Key Elements in the Chart:
• Entry Zone: Highlighted area around 87,008, suggesting a potential buy entry.
• Stop Loss (SL): Below 86,973, indicating the risk management level.
• Take Profit Levels:
• 1st TP (Take Profit): 92,246 - 92,281
• 2nd TP: 93,898
• 3rd TP: 94,950
• Current Price Level: 88,487 at the time of the screenshot.
Interpretation:
The setup suggests a long trade (buy position) from the entry zone, expecting a price rebound toward the take profit targets. The first TP is the most immediate target, while higher targets represent further bullish movement. The chart indicates a potential reversal from support after a strong downtrend.
Key Elements in the Chart:
• Entry Zone: Highlighted area around 87,008, suggesting a potential buy entry.
• Stop Loss (SL): Below 86,973, indicating the risk management level.
• Take Profit Levels:
• 1st TP (Take Profit): 92,246 - 92,281
• 2nd TP: 93,898
• 3rd TP: 94,950
• Current Price Level: 88,487 at the time of the screenshot.
Interpretation:
The setup suggests a long trade (buy position) from the entry zone, expecting a price rebound toward the take profit targets. The first TP is the most immediate target, while higher targets represent further bullish movement. The chart indicates a potential reversal from support after a strong downtrend.
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.
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.