This chart shows the 1-hour price action of Bitcoin (BTC/USD) on the Bitstamp exchange. Here are the key observations and interpretations:
1. Current Price: Around $81,607, up 2.59% recently.
2. Resistance Zone: The horizontal purple line near $84,000 is marked as a strong resistance level. The red arrow indicates a possible bullish breakout after consolidation.
3. Support Zones:
Primary Support: Around $77,800–$78,600 (highlighted red/yellow box).
Secondary Support: Around $74,000–$75,000.
4. Key Levels Highlighted: Orange circles indicate significant swing highs and lows—used to identify support/resistance areas.
5. Bullish Structure: The red zigzag path suggests a potential bullish continuation pattern, assuming it breaks above the resistance.
Let me know if you'd like a technical analysis or trade suggestion based on this chart.
1. Current Price: Around $81,607, up 2.59% recently.
2. Resistance Zone: The horizontal purple line near $84,000 is marked as a strong resistance level. The red arrow indicates a possible bullish breakout after consolidation.
3. Support Zones:
Primary Support: Around $77,800–$78,600 (highlighted red/yellow box).
Secondary Support: Around $74,000–$75,000.
4. Key Levels Highlighted: Orange circles indicate significant swing highs and lows—used to identify support/resistance areas.
5. Bullish Structure: The red zigzag path suggests a potential bullish continuation pattern, assuming it breaks above the resistance.
Let me know if you'd like a technical analysis or trade suggestion based on this chart.
Trade chiuso: obiettivo raggiunto
BTCUSD Target successfully reached. 300 PIPS HIT. 
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.