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Technical analysis by angela_altair about Symbol BTC: Buy recommendation (2/8/2025)

https://sahmeto.com/message/3234685
angela_altair
angela_altair
Rank: 4507
1.7

BTCUSDT to bounce from 4h support towards weekly resistance

Buy
Price at Publish Time:
$96,428.2
Profit Target:
(+5.65%)$101,879
Buy،Technical،angela_altair

Here is the next trade setup for long. The price is likely to dip into 4h support zone deeper, but we will keep building position as the price dips further into the zone. Target is first 4h resistance 4HR1 then daily resistance DR1 and then weekly resistance WR1. We will evaluate the price action as it will reach these resistance milestones. There are retracement possible from these levels and therefore we will book some profit at these levels and will add on the retracements depdending on the charactersitics of the retracements.

Source Message: TradingView
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