BTCUSD 1H Technical Analysis
Market Overview:
BTCUSD is currently trading within a key range, indicating potential for a breakout or reversal depending on price action around critical levels.
Key Levels:
Resistance: $94,800 - $95,500
Support: $91,500 - $92,000
Bullish Scenario:
A breakout above $95,500 could lead to upward targets at $97,000 and $98,500.
Bearish Scenario:
A breakdown below $91,500 might push the price towards $90,000 and $88,500.
Trading Strategy:
Long Entry: Above $95,500 with confirmation.
Short Entry: Below $91,500 with confirmation.
Always use stop-loss for proper risk management.
BTCUSD is currently trading within a key range, indicating potential for a breakout or reversal depending on price action around critical levels.
Key Levels:
Resistance: $94,800 - $95,500
Support: $91,500 - $92,000
Bullish Scenario:
A breakout above $95,500 could lead to upward targets at $97,000 and $98,500.
Bearish Scenario:
A breakdown below $91,500 might push the price towards $90,000 and $88,500.
Trading Strategy:
Long Entry: Above $95,500 with confirmation.
Short Entry: Below $91,500 with confirmation.
Always use stop-loss for proper risk management.
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Aviso legal
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