The image is a trading chart from TradingView showing Bitcoin (BTC) against the U.S. Dollar (USD) on the 1-hour timeframe. It appears to be a technical analysis chart with annotations.
Key Features in the Chart:
Downtrend Line: A black diagonal line indicating a recent downward trend.
Support & Resistance Zones:
A red shaded zone marks a resistance area where the price previously reversed.
The price has been declining and is now near a potential support level.
Trade Setup:
A blue zigzag line suggests a potential bullish move, indicating a possible reversal or retracement.
The trade has a green target area around 85,807, which suggests a take-profit level.
The red stop-loss zone is around 79,458.
Current Price: 81,677, slightly negative for the session (-0.83%).
Interpretation:
This chart suggests that the trader anticipates a short-term bounce from the current level, possibly aiming for a recovery to 85,807, while managing risk with a stop-loss at 79,458.
Would you like help analyzing this trade further?
Key Features in the Chart:
Downtrend Line: A black diagonal line indicating a recent downward trend.
Support & Resistance Zones:
A red shaded zone marks a resistance area where the price previously reversed.
The price has been declining and is now near a potential support level.
Trade Setup:
A blue zigzag line suggests a potential bullish move, indicating a possible reversal or retracement.
The trade has a green target area around 85,807, which suggests a take-profit level.
The red stop-loss zone is around 79,458.
Current Price: 81,677, slightly negative for the session (-0.83%).
Interpretation:
This chart suggests that the trader anticipates a short-term bounce from the current level, possibly aiming for a recovery to 85,807, while managing risk with a stop-loss at 79,458.
Would you like help analyzing this trade further?
Trade closed: target reached
BTCUSDT Target successfully reached. 
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💫Best Trading Team
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t.me/Gold_Derive_Killer01
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.
XAUUSD GOLD + BTCUSD Daily 6-7 Free Signals📊🚀
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
💫Best Trading Team
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/Gold_Derive_Killer01
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.