Today btcusd analyis
Bitcoin Price Trend Analysis (30-Min Chart)
Current Price: 92,005 USD
1. Key Levels & Distances
Resistance Zone: 94,000 USD (+1,995 USD from current price)
Support Zone: 91,500 USD (-505 USD from current price)
Major Support: 90,000 USD (-2,005 USD from current price)
2. Trend Analysis & Possible Scenarios
Bullish Scenario (Uptrend)
If the price maintains support above 91,500 USD and breaks 94,000 USD, it could push higher toward 95,000 USD or more.
Confirmation of higher highs and higher lows will strengthen bullish momentum.
Bearish Scenario (Downtrend)
If the price fails to break 94,000 USD and drops below 91,500 USD, a correction towards 90,000 USD is possible.
Breaking below 90,000 USD could indicate a larger downtrend.
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3. Trading Strategy Insights
For Buyers (Long Positions):
Look for a breakout above 94,000 USD before entering.
A stop-loss around 91,500 USD.
Target profit at 95,000+ USD.
For Sellers (Short Positions):
If price rejects 94,000 USD, short entries below 91,500 USD could be considered.
Stop-loss near 92,500 USD.
Profit target around 90,000 USD.
Current Price: 92,005 USD
1. Key Levels & Distances
Resistance Zone: 94,000 USD (+1,995 USD from current price)
Support Zone: 91,500 USD (-505 USD from current price)
Major Support: 90,000 USD (-2,005 USD from current price)
2. Trend Analysis & Possible Scenarios
Bullish Scenario (Uptrend)
If the price maintains support above 91,500 USD and breaks 94,000 USD, it could push higher toward 95,000 USD or more.
Confirmation of higher highs and higher lows will strengthen bullish momentum.
Bearish Scenario (Downtrend)
If the price fails to break 94,000 USD and drops below 91,500 USD, a correction towards 90,000 USD is possible.
Breaking below 90,000 USD could indicate a larger downtrend.
---
3. Trading Strategy Insights
For Buyers (Long Positions):
Look for a breakout above 94,000 USD before entering.
A stop-loss around 91,500 USD.
Target profit at 95,000+ USD.
For Sellers (Short Positions):
If price rejects 94,000 USD, short entries below 91,500 USD could be considered.
Stop-loss near 92,500 USD.
Profit target around 90,000 USD.
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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.
Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
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.