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Technical analysis by Xeeshan79 about Symbol BTC: Buy recommendation (12/13/2024)

https://sahmeto.com/message/3060288
Xeeshan79
Xeeshan79
Rank: 12787
1.5
Buy،Technical،Xeeshan79

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): $101,120Target 2 (T2): $102,660The trade focuses on a potential breakout above a descending trendline, aiming for key resistance levels while maintaining a favorable risk-to-reward ratio.

Translated from: English
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Signal Type: Buy
Time Frame:
30 minutes
Profit Target:
$102,660
Stop Loss Price
$98,470
First Support:
$98,470
First Resistance:
$101,120
Price at Publish Time:
$99,645.15
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