Hello Followers I am going to publish my technical setup on BTCUSD , So share your opinion in comments about my analysis..
BTCUSD is working at a support area where it is clearly making a bullish setup.. According to me BTCUSD will go for long (Bullish) till the first target around 92000 that is also a resistance because last time BTCUSD stayed here and if BTCUSD break this point properly then it will reach to the 96000. Let me tell you guys that 96000 is a very close to the major resistance area and the level of resistance area is 96500/97000.. I Have identified the Long Position as well in the chart..
KEY POINTS:
CURRENT PRICE 89000
RESISTANCE AREA 96500/97000
TARGETS:
1st TARGET 92000
2nd TARGET 96000
CANCEL TRADE 86000
BTCUSD is working at a support area where it is clearly making a bullish setup.. According to me BTCUSD will go for long (Bullish) till the first target around 92000 that is also a resistance because last time BTCUSD stayed here and if BTCUSD break this point properly then it will reach to the 96000. Let me tell you guys that 96000 is a very close to the major resistance area and the level of resistance area is 96500/97000.. I Have identified the Long Position as well in the chart..
KEY POINTS:
CURRENT PRICE 89000
RESISTANCE AREA 96500/97000
TARGETS:
1st TARGET 92000
2nd TARGET 96000
CANCEL TRADE 86000
Order cancelled
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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.
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.