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Technical analysis by Bigcat001 about Symbol BTC: Buy recommendation (12/25/2024)

https://sahmeto.com/message/3097615
Bigcat001
Bigcat001
Rank: 24145
1.3
Buy،Technical،Bigcat001

I anticipate further upside in BTCUSD based on strong support levels around the current price. The market shows signs of recovery after recent consolidation. My plan is to go long with a target price of $100,000, while setting a strict stop-loss just below $96,000 to manage risk. This trade is based on a combination of technical indicators, including a rising RSI and confirmation of the uptrend on the daily chart. Feel free to share your thoughts!

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$98,332.84
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