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Technical analysis by fyhvfyhv about Symbol BTC: Buy recommendation (2/23/2025)

https://sahmeto.com/message/3264710
fyhvfyhv
fyhvfyhv
Rank: 11860
1.5
Buy،Technical،fyhvfyhv

Support Zones: BTC has bounced from QML1 (~$95,500) after testing it as support. A deeper retracement to QML2 (~$94,400) is also possible if the current level fails.Two Potential Scenarios:Bullish Scenario: If BTC holds above QML1, it could continue its upward momentum toward $98,778, breaking previous highs.Bearish Scenario: If BTC loses support at QML1, a dip toward QML2 might occur before another potential bounce to the upside.Trading Plan:Long Entry: If BTC confirms support at QML1, targeting $98,778.Wait & See: If BTC dips to QML2, look for reversal signals before entering.

Translated from: English
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Signal Type: Buy
Time Frame:
1 hour
Profit Target:
$98,788
Price at Publish Time:
$96,239.49
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