BTCUSD 📊 Trade Setup Alert! 🚀This chart shows a potential long trade setup, where price is testing key moving averages and forming bullish momentum. The entry point aligns with a breakout attempt above short-term resistance, while the stop-loss is positioned below recent lows for risk management. The target area suggests a favorable risk-to-reward ratio.
Key confirmations:
✅ Price reclaiming EMAs
✅ Strong support below
✅ Potential breakout in play
Will this trade hit the target? Let me know your thoughts!
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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.