The BTC/USD pair presents a strong bullish setup on the 1-hour chart, validated by multi-indicator confirmation:
Entry: 98281.85 (aligned with Fib retracement and strategy filters).
Stop Loss: 97165.4 (below entry, aggressive risk buffer for high volatility).
Take Profit: 100514.75 (key resistance target, 2:1 risk-reward ratio).
Confirmation Factors:
Trend: EMA and HTF EMA alignment (EMA OK, ITFT EMA OK).
Momentum: RSI > 50, MACD histogram bullish (RSI OK, MACD OK).
Volume: Surge in buying activity (Volume OK).
Action: Enter long at 98281.85, targeting 100514.75 with a stop at 97165.4
Entry: 98281.85 (aligned with Fib retracement and strategy filters).
Stop Loss: 97165.4 (below entry, aggressive risk buffer for high volatility).
Take Profit: 100514.75 (key resistance target, 2:1 risk-reward ratio).
Confirmation Factors:
Trend: EMA and HTF EMA alignment (EMA OK, ITFT EMA OK).
Momentum: RSI > 50, MACD histogram bullish (RSI OK, MACD OK).
Volume: Surge in buying activity (Volume OK).
Action: Enter long at 98281.85, targeting 100514.75 with a stop at 97165.4
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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.