This chart showcases a BTC/USD trade setup on the 30-minute timeframe. The entry point is set at $99,663, with a stop-loss (SL) positioned at $98,470 to manage risk. The setup includes two profit targets:
Target 1 (T1): $101,120
Target 2 (T2): $102,660
The trade focuses on a potential breakout above a descending trendline, aiming for key resistance levels while maintaining a favorable risk-to-reward ratio.
Target 1 (T1): $101,120
Target 2 (T2): $102,660
The trade focuses on a potential breakout above a descending trendline, aiming for key resistance levels while maintaining a favorable risk-to-reward ratio.
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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.