Hello Followers, I am going to share you my opinion on BTCUSD next move.
BTCUSD is currently respecting the 89,000-90,000 support zone, indicating strong buying interest. A breakout and hold above support zone presents a high-probability buying opportunity towards the next move targets. As long as price remains above support, bullish continuation toward targets 93,600 and then 96,000 remains likely. If BTCUSD break the support zone then protect downside risk with a stop loss at 87,500.
KEYPOINTS:
Entry-level 90600
Target Area 93600
Target Area 96000
Stop loss point 87500
Support area 89000/90000
BTCUSD is currently respecting the 89,000-90,000 support zone, indicating strong buying interest. A breakout and hold above support zone presents a high-probability buying opportunity towards the next move targets. As long as price remains above support, bullish continuation toward targets 93,600 and then 96,000 remains likely. If BTCUSD break the support zone then protect downside risk with a stop loss at 87,500.
KEYPOINTS:
Entry-level 90600
Target Area 93600
Target Area 96000
Stop loss point 87500
Support area 89000/90000
Trade closed manually
btcusd has reached the 93000 so we have completed more than 300 pips, lets manually close the setup..
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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.