Btcusd 91000 target
This is a Bitcoin (BTC/USDT) price chart from Binance on the 1-hour timeframe. The analysis includes key technical levels and projected price movements:
1. Current Price: Bitcoin is trading at $83,148.97, with a slight decline of -0.63%.
2. Support Levels: There are multiple support zones marked in blue/green below the current price, around $80,000 and $77,500.
3. Projected Downside Move: A white trendline suggests a possible dip to these support zones before a potential upward move.
4. Bullish Target: The analysis indicates a potential rally towards $91,000, shown by yellow arrows.
5. Volume Profile: The right side of the chart shows volume at different price levels, highlighting areas of strong interest and liquidity.
Conclusion
This analysis suggests a possible short-term correction before a strong bullish move toward $91,000. It is likely based on support levels, liquidity zones, and historical price action. Traders may watch for confirmation signals at the support levels before entering long positions.
1. Current Price: Bitcoin is trading at $83,148.97, with a slight decline of -0.63%.
2. Support Levels: There are multiple support zones marked in blue/green below the current price, around $80,000 and $77,500.
3. Projected Downside Move: A white trendline suggests a possible dip to these support zones before a potential upward move.
4. Bullish Target: The analysis indicates a potential rally towards $91,000, shown by yellow arrows.
5. Volume Profile: The right side of the chart shows volume at different price levels, highlighting areas of strong interest and liquidity.
Conclusion
This analysis suggests a possible short-term correction before a strong bullish move toward $91,000. It is likely based on support levels, liquidity zones, and historical price action. Traders may watch for confirmation signals at the support levels before entering long positions.
t.me/ForexExpert377
🔥 What You’ll Get:
✅ Daily Forex signals with high accuracy
✅ Technical & fundamental analysis
✅ Risk management tips to protect your capital
📩 Join now and start winning
t.me/ForexExpert377
🔥 What You’ll Get:
✅ Daily Forex signals with high accuracy
✅ Technical & fundamental analysis
✅ Risk management tips to protect your capital
📩 Join now and start winning
t.me/ForexExpert377
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.
t.me/ForexExpert377
🔥 What You’ll Get:
✅ Daily Forex signals with high accuracy
✅ Technical & fundamental analysis
✅ Risk management tips to protect your capital
📩 Join now and start winning
t.me/ForexExpert377
🔥 What You’ll Get:
✅ Daily Forex signals with high accuracy
✅ Technical & fundamental analysis
✅ Risk management tips to protect your capital
📩 Join now and start winning
t.me/ForexExpert377
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.