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Technical analysis by Fondera about Symbol BTC: Buy recommendation (1/25/2025)

https://sahmeto.com/message/3198237
Fondera
Fondera
Rank: 17537

BTCUSDT Trade Log

Buy
Price at Publish Time:
$104,462.04
Buy،Technical،Fondera

BTCUSDT – 4H Kijun Retest Price Action & Analysis: BTC is currently hovering around the 4H Kijun level, which has acted as reliable support. We expect a continuation of the bullish momentum going into the weekend, anticipating a clean drive up as buyers step in. Trade Idea (Long): – Entry: Buy now at market. – Risk: 1% of account. – Reward: Target a 1:3 RRR (place stop-loss just below the 4H Kijun or last swing low). – Watch out for any macro news that may trigger unexpected volatility. If price fails to hold above the Kijun, manage or exit the trade.Change of plan: prepping a short into that 1H FVG. Hold long with SL at BE!

Source Message: TradingView
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