Technical analysis by DENCHMON about Symbol BTC: Buy recommendation (2/9/2025)

https://sahmeto.com/message/3237639

DENCHMON

Rank: 11851

Analytical Power:

1.5

BTC/USD has completed the ABC phases of the ABCD pattern and is now testing support above 95K. Holding this level could trigger a move back above 100K to complete the D phase. A break below C (95-94K region) could invalidate the pattern, shifting bias to bearish.

Translated from: English

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Signal Type: Buy

Source Message: refrence

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Time Frame:

1 day

Profit Target:

$100,000

Stop Loss Price

$94,000

First Support:

$95,000

First Resistance:

$100,000

Price at Publish Time:

$96,587.64

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