This is a Bitcoin (BTC) price chart against Tether (USDT) on the Binance exchange, displayed on a 1-hour timeframe. The chart includes key technical analysis elements such as:
Support and Resistance Zones:
A resistance zone around the 88,400 level (marked in purple at the top).
A support zone near 86,400 (marked in purple at the bottom).
Key Levels:
A blue horizontal line at 87,081.47, which could act as a support or resistance level.
Projected Price Movement (Blue Path):
The price is expected to move up to test resistance near 88,400.
A potential rejection from resistance could lead to a decline.
The price may then break down from the 87,081.47 level, targeting the lower support zone near 86,400.
This analysis suggests a possible bearish move after an initial bullish push. Would you like further insights or analysis?
Support and Resistance Zones:
A resistance zone around the 88,400 level (marked in purple at the top).
A support zone near 86,400 (marked in purple at the bottom).
Key Levels:
A blue horizontal line at 87,081.47, which could act as a support or resistance level.
Projected Price Movement (Blue Path):
The price is expected to move up to test resistance near 88,400.
A potential rejection from resistance could lead to a decline.
The price may then break down from the 87,081.47 level, targeting the lower support zone near 86,400.
This analysis suggests a possible bearish move after an initial bullish push. Would you like further insights or analysis?
Trade closed: target reached
Target successfully reached 
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Disclaimer
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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.