Bitcoin
Long

Bitcoin (BTC/USD) Trade Setup & Analysis

94
🔹 Trend Analysis:
📉 The chart shows a downtrend followed by a reversal attempt.
📈 The price bounced off a support zone and is moving upwards.

🔹 Indicators:
📊 The 9-period DEMA (83,805.38) is slightly above the current price, acting as a resistance level.

🔹 Trade Setup:
🟢 Entry Zone: Around 82,943 (Current Price)
🔴 Stop-Loss: 81,183.22 ❌ (Below support level)
🎯 Target Point: 85,563.52 ✅ (Upper resistance level)

🔵 Strategy: The trade anticipates a price dip before

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