BTCUSD – 1H Chart Setup
Price Action:
BTCUSD is respecting the ascending channel on the 1H timeframe. Currently, price is hovering just above the channel support zone.
Entry Levels:
First Entry: 83,650 (Current Price)
Second Entry: 83,500 (Channel Support)
Target: 86,000 (Resistance / Channel Top)
Trade Idea:
As long as BTCUSD holds above the 83,500 support, the bullish structure remains intact. Ideal setup for a bounce toward the 86,000 resistance. Manage risk accordingly.
BTCUSD Crypto Trading Price Action Ascending Channel Bitcoin Analysis
Price Action:
BTCUSD is respecting the ascending channel on the 1H timeframe. Currently, price is hovering just above the channel support zone.
Entry Levels:
First Entry: 83,650 (Current Price)
Second Entry: 83,500 (Channel Support)
Target: 86,000 (Resistance / Channel Top)
Trade Idea:
As long as BTCUSD holds above the 83,500 support, the bullish structure remains intact. Ideal setup for a bounce toward the 86,000 resistance. Manage risk accordingly.
BTCUSD Crypto Trading Price Action Ascending Channel Bitcoin Analysis
Trade active
BTCUSD – Trade Update (1H Timeframe)Price Action Update:
BTCUSD has tapped the ascending channel support at 83,300, confirming our setup.
Entry Activated:
Executed Buy Entry: 83,300 (Support Zone)
Setup:
Structure: Ascending Channel
Target: 86,000
Trade Idea:
Strong buy zone confirmed with a perfect touch of support. Bullish momentum expected to follow if the structure holds. Eyes on the 86,000 resistance.
BTCUSD Crypto Trade Bitcoin Update Price Action Support Bounce Long Setup
Note
near the target levelTrade closed: target reached
target full hit
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Disclaimer
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t.me/+h9QmoO36xFs1ZTk0
free forex gold and crypto currency signals And Technical analysis started your journey with us
t.me/+h9QmoO36xFs1ZTk0
free forex gold and crypto currency signals And Technical analysis started your journey with us
t.me/+h9QmoO36xFs1ZTk0
Related publications
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.