Technical analysis by usufgul about Symbol BTC: Buy recommendation (8/27/2023)

BTCUSD Long Call on 1 Hour Chart. BTCUSD after losing considerable ground trying to gain lost turf. It has been consolidating for quite sometime. Recent bar suggest the bulls eagerness to move the price to north. If the price sustains above R2 we may go long with keeping the stop loss below R1. TP1 has been suggested @ 1:1 and one may let profits run as the target price is at a distance.