
Good morning, Traders!
Hello everyone!
BTCUSD Analysis: Long Opportunity in Accumulation Zone
The Bitcoin market is in an accumulation zone, indicating a potential buying opportunity.
Key Points:
_Simple Moving Average (SMA):_ $101,398
_RSI:_ Oversold (below 25)
_Lower Low Indicator:_ Suggests a trend reversal
_Accumulation Zone:_ $98,500
_Support:_ $96,500
_Recommendation:_ Go LONG on BTCUSD
Target Levels:
_1st Target:_ $104,000
_2nd Target:_ $107,000
Trading Strategy:
Consider going long on BTCUSD , with a stop-loss to be determined based on individual risk management strategies.
Please LIKE and COMMENT below if you find this analysis helpful! Your feedback is greatly appreciated!
Have a great trading day!
Hope my idea will be profitable for you
Best wishes Tom

