BitcoinLargo
Bullish Flag Setup with Institutional Volume Levels
BTC/USD Bullish Flag Setup - Key Buy Zone Ahead
Summary:
Bitcoin (BTC/USD) is currently forming a bullish flag on the 1-hour chart, suggesting a potential continuation of the recent uptrend. Institutional volume levels indicate strong prices levels in the $56,039 - $54,584 zone, making it a prime area to watch .
Key Levels:
Buy Zone: $56,039 - $54,584 (Institutional Volume Support)
Critical Support: $54,584
Resistance: $61,737 - $61,062 (Flag Upper Boundary)
Trade setup:
Entry: Consider buying within the $56,039 - $54,584 zone.
Stop-Loss: Below $54,584 to minimize risk.
Take Profits: Target $70,000 - 80.000 - 100.000
The buy zone is supported by strong institutional volume levels.
Risk Management:
Tight stop-loss below $53500
Indicator on the chart : institutionnal volume levels
Summary:
Bitcoin (BTC/USD) is currently forming a bullish flag on the 1-hour chart, suggesting a potential continuation of the recent uptrend. Institutional volume levels indicate strong prices levels in the $56,039 - $54,584 zone, making it a prime area to watch .
Key Levels:
Buy Zone: $56,039 - $54,584 (Institutional Volume Support)
Critical Support: $54,584
Resistance: $61,737 - $61,062 (Flag Upper Boundary)
Trade setup:
Entry: Consider buying within the $56,039 - $54,584 zone.
Stop-Loss: Below $54,584 to minimize risk.
Take Profits: Target $70,000 - 80.000 - 100.000
The buy zone is supported by strong institutional volume levels.
Risk Management:
Tight stop-loss below $53500
Indicator on the chart : institutionnal volume levels
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