Bitcoin and Gold Technical Analysis: Key Trade Setups on the 1-Hour Timeframe
Bitcoin and Gold Technical Analysis :
Introduction
The cryptocurrency and commodities markets are currently showing important technical structures that may lead to significant price movements. In this analysis, we focus on Bitcoin (BTC) and Gold (XAUUSD) using the 1-hour timeframe, highlighting key chart patterns, entry levels, targets, and risk management zones.
Bitcoin (BTC) 1-Hour Timeframe Analysis
Cup and Handle Pattern Formation
Bitcoin is currently forming a Cup and Handle pattern on the 1-hour timeframe, which is considered a bullish continuation pattern. This structure often appears during consolidation phases and signals a potential upside breakout once the handle is completed and price holds above key support levels.
If this Cup and Handle pattern performs as expected, Bitcoin may initiate a strong move toward the upside.
Trade Setup and Key Levels ;
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Entry Price (Buy Limit): 98,250 USD
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Stop Loss (SL): 98,080 USD
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Next Target (TP): 99,590 USD
This setup is designed with a controlled risk approach, targeting a favorable risk-to-reward ratio. A successful breakout and sustained momentum above the handle resistance could validate this bullish scenario.
Gold (XAUUSD) 1-Hour Timeframe Analysis
Inverse Cup and Handle Pattern
On the 1-hour timeframe, Gold is forming an Inverse Cup and Handle pattern, which is typically associated with a bearish continuation or reversal, depending on market context. The pattern is currently very close to completion, indicating that a decisive move may occur soon.
If this pattern performs successfully, Gold may experience a downside move followed by clear target levels.
Trade Setup and Price Targets
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Entry Price: 4,275 USD
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Stop Loss (SL): 4,346 USD
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First Take Profit (TP1): 4,170 USD
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Second Take Profit (TP2): 4,063 USD
This trade plan allows partial profit booking at the first target while aiming for extended downside movement toward the second target, maintaining disciplined risk management.
Conclusion
Both Bitcoin and Gold are currently positioned at critical technical levels on the 1-hour timeframe. Bitcoin shows bullish potential through a Cup and Handle pattern, while Gold indicates possible bearish pressure via an Inverse Cup and Handle formation.
As always, traders should wait for proper confirmation, manage risk carefully, and stay alert to market volatility and fundamental catalysts that may impact price action.
